Bulkers: Late nineties cape CRYSTAL STAR (178K BLT 1998 DAEWOO/S. KOREA) has changed hands within China for $11.5 mill basis special & dry-docking surveys due. Greek buyers have bought from the Japanese market, panamax unit BRAVE STAR (74K BLT 2000 TSUNEISHI/JAPAN) for $10.5 mill. Vintage panamax EVERAIM (68.5K BLT 1994 SASEBO/JAPAN) changed hands within South Korea for $6 mill. Dalian Tiger’s supramax sisters CHRISTINE STAR & HARMONY STAR (56.8K BLT 2011 COSCO DALIAN/CHINA CR 4X36T) were snapped by Greek buyers for the “bargain” price of $17 mill each. Early nineties handy unit DINA (28.5K BLT 1992 IMABARI/JAPAN CR 4X30.5T LDT 5996) is committed to Turkish interests for $4.1-$4.15 mill basis prompt delivery in Ghana, West Africa. Semi box-holds handy C.S. VICTORY (32K BLT 2003 KAND/JAPAN 5HO/5HA NO GRABS-NOT LOG FITTED) is sold to Russian buyers for excess $10 mill basis special & dry-docking surveys just passed. NYK have committed their smalerl handy GLOBAL PRESTIGE (24K BLT 1998 SAIKI/JAPAN CR 4X30T) to undisclosed buyers for $5.5 mill basis special & dry-docking surveys due this month.
Tankers: Hyundai’s vintage VLCC unit UNIVERSAL HOPE (299K BLT 1993 ODENSE/DENMARK) has attracted $21 mill by undisclosed further trading buyers. Centerline bulkhead aframax sisters VALLOMBROSSA & VALBRUNA (113.5K BLT 2000 SAMSUNG/S. KOREA EPOXY COATED CENTRIFUGAL PUMPS) went to undisclosed interests for $30 mill en bloc. Clients of Bakri Navigation have purchased aframax FORWARD PIONEER (107K BLT 2005 KOYO/JAPAN) for $20.3 mill. In an off market deal, late nineties aframax NASSAU SPIRIT (107K BLT 1998 KOYO/JAPAN) was committed to clients of Kondinave of Greece for $9.3 mill. Greek controlled vintage aframax ATHINA M (96K BLT 1995 SAMSUNG/S. KOREA) was acquired by Middle Eastern buyers for $8.5 mill. Late nineties MR product unit AS OCEANIA (43K BLT 1999 DALIAN/CHINA, DOUBLE HULL, 4 GRADES, EPOXY, COILED) went to undisclosed interests for $10 mill. Stainless steel chemical sisters SYNNOVE KNUTSEN & ELLEN KNUTSEN (17K BLT 1992/1991 SPAIN 1670T ST.STEEL) were sold to Middle Eastern buyers for $8.9 mill en bloc. Smaller stainless steel unit CLIPPER TRINIDAD (8.8K BLT 1998 HITACHI/JAPAN ALL SUS 304) went to Far Eastern buyers for $5-$5.5 mill level.

Demolition: The outlook is positive across Subcontinent, China and Turkey alike. Bangladesh and Pakistan market are quoting $390-$395 for bulkers, $425-$430 for tankers & $425-$430 for container vessels. India is indicating $400-4120 for bulkers, $420-$430 for tankers and $440-$445 for containers. China is especially bullish before the lunar holidays; Greek controlled panamax TURNBERRY GLORY (LDT 10363 BLT 1987 NAMURA/JAPAN) has attracted a whooping $430 per lt including almost 1,000t of bunkers rob upon arrival into North China. Chinese market is paying $360-$370 for bulkers, $370-$380 for tankers, $360-$370 for containers. Turkish market remains firm as last week, paying $300-$315 for bulker, $315-$320 for tankers and $310-$315 for containers. For an overview of demolition market rates this week, please check our comprehensive demometer in the first page of this report. Should you have any queries about the content of this report or require our services, please do not hesitate to contact us.

SALES
BULKERS
M/V "CRYSTAL STAR" -178,633 dwt, blt 1998 Daewoo/S. Korea, NK ss/dd due, 9 HO/9 HA, B+W 6S70MC Sold to Chinese buyers for $11.5 mill
M/V "BRAVE STAR" -73,992 dwt, blt 2000 Tsuneishi/Japan, NK, 7 HO/7 HA, MAN-B+W 6S60MC Sold to Greek buyers for region $10.5 mill
M/V "EVERAIM" -68,591 dwt, blt 1994 Sasebo/Japan, BV, 7 HO/7 HA, B+W 5S60MC Sold to South Korean buyers for $6 mill
M/V "CHRISTINE STAR" -56,854 dwt, blt 2011 Cosco Dalian/China, NK, 5 HO/5 HA, MAN-B+W 6S50MC-C, Cr 4X36T M/V "HARMONY STAR" -56,811 dwt, blt 2011 Cosco Dalian/China, NK, 5 HO/5 HA, MAN-B+W 6S50MC-C, Cr 4X30T Sold en bloc to Greek buyers for $16.9 -$17 mill each
M/V "C. S. VICTORY" -32,385 dwt, blt 2003 Kanda/Japan, NK, 5 HO/5 HA, Mitsubishi 6UEC52LA, Cr 4X30.5T Sold to Russian buyers for $10 mill
M/V "DINA" -28,467 dwt, blt 1992 Imabari/Japan, CS, 5 HO/5 HA, B+W 5S50MC, Cr 4X30.5T, LDT 5,996 Sold to Turkish buyers for $4.1-$4.15 mill basis delivery West Africa
M/V "POMORZE ZACHODNIE" -26,696 dwt, blt 1985 Alianza/Urugay, NV, 5 HO/5 HA, B+W 4L67GFCA, LDT 6,622 Sold to undisclosed buyers for $1.98 mill
M/V "GLOBAL PRESTIGE" -24,132 dwt, blt 1998 Saiki/Japan, NK ss/dd due Jan 2013, Mitsubishi 6UEC45LA, Cr 4X30T Sold to undisclosed buyers for $5.5 mill

TANKERS
M/T "UNIVERSAL HOPE" -299,700 dwt, blt 1993 Odense Lindo/Denmark, KR, 15 tanks, capacity 321,162 cbm, M/E: Mitsubishi 8UEC75LSII, coated, coiled, double hull, cow/sbt/igs Sold to undisclosed further trading buyers for $21 mill
M/T "VALLOMBROSA" -113,424 dwt, blt 2000 Samsung/S. Korea, RINA, 12 tanks, cap. 122,686 cbm, B+W 6S60MC-C M/T "VALBRUNA" -113,419 dwt, blt 2000 Samsung/S. Korea, RINA, 12 tanks, cap. 122,686 cbm, B+W 6S60MC-C Sold en bloc to undisclosed buyers for $30 mill ($15 mill each)
M/T "NASSAU SPIRIT" -107,181 dwt, blt 1998 Koyo/Japan, LR, 14 tanks, capacity 119,065 cbm, MAN-B+W 7S60MC Sold to clients of Kondinave of Greece for $9.3 mill
M/T "FORWARD PIONEER" -107,081 dwt, blt 2005 Koyo/Japan, NK, capacity 122,912 cbm, M/E: B+W 6S60MC-C Sold to clients of Bakri Navigation of U.A.E. for $20.3 mill
M/T "ATHINA M" -96,001 dwt, blt 1995 Samsung/S. Korea, NV, 7 tanks, capacity 107,673 cbm, M/E: B+W 6L60MC Sold to Middle Eastern buyers for $8.5 mill
M/T "AS OCEANIA" -43,760 dwt, blt 1999 Dalian/China, GL, 9 tanks, capacity 44,771 cbm, M/E: MAN-B+W 6S50MC Sold to undisclosed buyers for $10 mill
M/T "SYNNOVE KNUTSEN" -17,071 dwt, blt 1992 Aesa -Sestao/Spain, NV, 24 tanks, 14,513 cbm, M/E: B+W 4S50MC M/T "ELLEN KNUTSEN" -17,071 dwt, blt 1991 Aesa -Sestao/Spain, NV, 24 tanks, 16,372 cbm, M/E: B+W 4S50MC Sold en bloc to Middle Eastern buyers for $8.9 mill
M/T "CLIPPER TRINIDAD" -8,823 dwt, blt 1998 Hitachi/Japan, AB ss/dd due 8/2013, 14 st. steel tanks, capacity 9,066 cbm, M/E: B+W 6L35MC, coiled, Imo II/III, 16 pumps, double hull Sold to Far Eastern buyers for $5-$5.5 mill
M/T "GREAT FISH" -6,174 dwt, blt 1990 Sanuki/Japan, NK, 10 tanks, capacity 5,790 cbm, M/E: Hanshin 6EL40, epoxy coated, double hull Sold to undisclosed buyers for $2.9 mill
M/T "SEA SPRING" -4,700 dwt, blt 2011 Taizhou/China, BV, epoxy coated Sold to undisclosed for $8.9 mill

DEMOLITION
Bulkers
M/V "LEONIDAS WARRIOR" -LDT 22,546 -183,316 dwt, blt 1987 Mitsubishi/Japan, NK, 9 HO/9 HA, Sulzer 6RTA84M Demo to BANGLADESH for $432 per LDT
2
M/V "REUNION" -LDT 17,353 -150,108 dwt, blt 1991 Hyundai/S. Korea, NK, 9 HO/9 HA, B+W 5S70MC Demo to BANGLADESH for $397 per LDT
M/V "KEROS WARRIOR" -LDT 18,500-149,528 dwt, blt 1989 CSBC Keelung Taiwan, NK, 9 HO/9 HA, B+W 5L80MCE Demo to BANGLADESH for $435 per LDT
M/V "VINE" -123,503 dwt, blt 1990 Daewoo/S. Korea, LR, 9 HO/9 HA, B+W 5S70MC Demo to BANGLADESH for $6.5 mill total price
M/V "ERIDGE" -LDT 14,868-122,792 dwt, blt 1993 Daewoo/S. Korea, LR, ss/dd due 5/2013, 9 HO/9 HA, B+W 5S70MC M/V "DUHALLOW" -LDT 14,868-122,774 dwt, blt 1993 Daewoo/S. Korea, LR, 9 HO/9 HA, B+W 5S70MC Demo en bloc to INDIA for $415 per LDT or $6.7 mill each
M/V "SHUN MING" -LDT 12,800 -69,011 dwt, blt 1983 Koyo/Japan, RI, 7 HO/7 HA, B+W 7L67GFCA Demo to BANGLADESH for $410-$415 per LDT
M/V "TURNBERRY GLORY" -LDT 10,363 -68,308 dwt, blt 1987 Namura/Japan, NK, 7 HO/7 HA, Sulzer 7RTA58 Demo to CHINA for $430 per LDT including 950t bunkers rob
M/V "AL QAWIYYU" -LDT 7,604 -37,636 dwt, blt 1984 Ihi/Japan, NV, 5 HO/5 HA, Pielstick 12PC2-5V-4007800, Cr 5X15T Demo to INDIA for $426 per LDT including 200t bunkers rob
M/V "ELVER" -LDT 7,402 -32,431 dwt, blt 1985 Usuki/Japan, BV, 5 HO/5 HA, Sulzer 5RTA58, Cr 4X30T Demo to BANGLADESH for $420 per LDT
M/V "CASSINI" -LDT 5,215-23,050 dwt, blt Hashihama/Japan, NK, 4 HO/4 HA, Mitsubishi 6UEC52/125H, Der 4X25T Demo to PAKISTAN for $375 per LDT including 873t of permanent ballast
Containers
C/V "ALEXANDER" -LDT 17,348-47,425 dwt, blt 1992 Hashihama/Japan, NK, 7 HO/43 HA, 3720 TEUS, B+W 10L80MC Demo to INDIA for $473 per LDT
C/V "IRENES DREAM" -LDT 12,135 -47,273 dwt, blt 1991 Samsung/S.Korea, LR, 6 HO/12 HA, 2668 TEUS, B+W 7S70MC Demo to INDIA for $463 per LDT
C/V "FAIRWIND" -LDT 5,207 -12,816 dwt, blt 1985 Sietas/Germany, GL, 3 HO/3 HA, 856 TEUS, Deutz SBV8M540, Cr 2X80T Demo to INDIA for $440 per LDT