Compagnie Maritime Belge is reported to have sold its oldest newcastlemax bulker just over two months after the Saverys family-controlled shipowner offloaded a similar vessel.
The deal comes as large bulkers in this size range are continuing to hold onto value gains made earlier this year.
Belgium-based CMB has offloaded the 205,000-dwt Mineral Charlie (built 2012) for $39m, according to a weekly report by shipbroking giant Clarksons.
The buyer of the vessel is not known.
A spokeswoman for Antwerp-headquartered CMB declined to comment for this story.
The reported sale price is in the upper range of valuation platform estimates, with Veson Nautical’s VesselsValue putting it at $37m and Maritime Strategies International’s MSI Horizon believing a ship of these characteristics is worth $39.9m.
And it reflects steady values that have seen the MSI estimate for the ship remain unchanged since June, which was up from $29.4m in September of last year.
The Mineral Charlie was built at Hyundai Heavy Industries & Construction Philippines using the Subic Bay yard’s HHIC 205K design. It has no scrubber.
On Friday, the Baltic Exchange’s assessment of a five-year-old, 180,000-dwt capesize bulker reached $60.4m, which was a fractional gain on the prior week but a marked new 14-year high.
The Mineral Charlie deal came as Clarksons said there was a steady flow of sale-and-purchase activity in both the bulker and tanker sectors.
The deal comes after TradeWinds reported in late June that the 205,000-dwt twin Mineral Maureen (built 2012) was in the process of being sold.
At the time, brokers had reported that both ships changed hands for an en-bloc price of $81.6m, implying that each ship was worth $40.8m at the time.
A CMB spokesperson said then that the Mineral Charlie had not been sold, although the disposal of the Mineral Maureen was ongoing.
The Mineral Maureen has been renamed Talisker and is in the fleet of China’s Qingdao Zrich Shipping.
The company sold its more modern vessels to New York-listed Euronav, which will be renamed CMB.Tech in October and is controlled by CMB.
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