Capesize Values Under Pressure

VesselsValue data suggests the value of a generic fixed age 15 year old Capesize Bulker has fallen 20% from 1st November 2018 to USD 12.2 million today. By contrast, other valuers are quoting figures or estimated ranges 15-30% higher. Company Director Matthew Freeman says: “Whilst no sales have been concluded yet, there are a number …

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