The market for bulk carriers and oil tankers saw a significant increase in values in the week ending October 27, 2026. These changes have particularly occurred in the Suezmax and Aframax vessel segments, attracting investors and buyers in this field. The growth in values is clearly observed due to the high demand for modern vessels with high technical specifications.
Notable Transactions in the Bulk Carrier Sector
In the bulk carrier segment, the Ultramax Libra Confidence vessel with a capacity of 63,500 DWT and built in 2019 was sold to an Asian buyer for $33.5 million. The estimated value of this vessel was $32.55 million. Additionally, the Ultramax Diamond Queen vessel with a capacity of 61,400 DWT and built in 2013 was sold for $24.0 million, with an estimated value of $23.89 million.
Read more: Energy Drilling signed an $87 million contract with CPOC for the T-16 field
The Supramax Ever Progress vessel with a capacity of 56,600 DWT and built in 2012 was sold for $16.2 million. The estimated value of this vessel was $17.00 million. The Supramax Saltwind Explorer vessel with a capacity of 55,600 DWT and built in 2011 was also sold for $16.5 million, with an estimated value of $16.49 million.
The Handysize Union Taylor vessel with a capacity of 37,700 DWT and built in 2014 was sold for $22.0 million, while its estimated value was $20.30 million.
Growth in the Value of Oil Tankers
In the oil tanker sector, values have increased again. The Suezmax Zouzou N vessel with a capacity of 150,000 DWT and built in 2010 was sold for $103.0 million, while its estimated value was $98.89 million. The LR2 Afra Mare vessel with a capacity of 105,300 DWT and built in 2008 was sold to Chinese buyers for $59.0 million, with an estimated value of $69.33 million.
The LR1 Kamome Victoria vessel with a capacity of 74,900 DWT and built in 2011 was sold to Velos Tankers for $39.5 million, while its estimated value was $42.71 million. The Panamax Asean Forwarder vessel with a capacity of 74,600 DWT and built in 2006 was sold for $26.8 million, with an estimated value of $25.63 million.
The MR2 Prive Angel vessel with a capacity of 51,200 DWT and built in 2008 was sold for $24.5 million, with an estimated value of $23.05 million.
Additionally, the Sub Panamax Evridiki G vessel with a capacity of 2,556 TEU and built in 2001 was sold to MSC for $26.0 million, with an estimated value of $24.21 million. These transactions indicate the high demand in the market for modern vessels with high technical specifications.
Read more: The eighth summit of the Gas Exporting Countries Forum begins in Moscow · Over 500 dual-fuel vessels are currently operating globally
