Weekly Vessel Valuations Report, January 28 2026 in Weekly Vessel Valuations Report 28/01/2026 Bulkers: Market sentiment remains cautious as buyers assess freight rate volatility and ongoing uncertainties surrounding global trade dynamics and Chinese demand fundamentals. With these uncertainties, we have continued to see buyers willing to pay premiums for modern Ultramax tonnage. Capesize Frontier Kotobuki (174,800 DWT, Jan 2011, Namura) sold SS/DD Passed to European buyers for USD 31.4 mil, VV Value USD 31.15 mil Kamsarmax Fjeld Svea (81,500 DWT, Jun 2013, SPP) sold inc. TC to Norwegian buyers for USD 20 mil, VV Value 19.64 USD mil Ultramax Xiang Hang (63,900 DWT, Mar 2025, Jiangsu Soho Chuangke Shipbuilding) sold to Turkish buyers for USD 33.98 mil, VV Value USD 33.59 mil Ultramax Starry Night (61,200 DWT, Jan 2022, Nantong COSCO KHI) sold by COFCO International for USD 32.5 mil, VV Value USD 31.23 mil Handysize South Spirit (29,500 DWT, Nov 1998, Shin Kurushima) sold by Wickwar Shipping for USD 4.5 mil, VV Value 4.59 mil Tankers: VV Tanker values hold steady this week as S&P activity slows down. The market continues to digest the recent heavy transaction volumes, particularly Sinokor’s VLCC acquisition campaign LR1 Hamburg Star (73,900 DWT, Dec 2005, New Century) sold to Unknown Middle Eastern buyers for USD 10.2 mil (SS/DD Due), VV Value USD 10.97 mil MR2 (Chemical/Product) San Remo (50,800 DWT, Apr 2008, SPP) sold to C3is Inc for USD 16.88 mil, VV Value USD 16.06 mil MR2 (Chemical/Product) Clean Fury (47,200 DWT, Feb 2011, Hyundai Mipo) sold internally within the Vafias Group to C3is Inc for USD 22.9 mil, VV Value USD 21.19 mil Containers: Second-hand values remain stable across all sectors with few sales reported this week Handy Container Erasmus Master (1,496 TEU, Zhejiant Ouhua, Aug 2009) sold to MSC for USD 18 mil, VV Value USD 16.7 mil 2026-01-28 hellenicshippingnews... window.___gcfg = {lang: 'en-US'}; (function(w, d, s) { function go(){ var js, fjs = d.getElementsByTagName(s)[0], load = function(url, id) { if (d.getElementById(id)) {return;} js = d.createElement(s); js.src = url; js.id = id; fjs.parentNode.insertBefore(js, fjs); }; load('//connect.facebook.net/en/all.js#xfbml=1', 'fbjssdk'); load('https://apis.google.com/js/plusone.js', 'gplus1js'); load('//platform.twitter.com/widgets.js', 'tweetjs'); } if (w.addEventListener) { w.addEventListener("load", go, false); } else if (w.attachEvent) { w.attachEvent("onload",go); } }(window, document, 'script')); tweet Share