Sale & purchase report dated 26 May 2020

Dry cargo sales continue to make up most of recent SnP activity, with the sector having seen another generous number of deals last week, while as far as tanker candidates are concerned, Buyers’ excitement remains reserved relatively to a few weeks back. In the tanker sector we had the sale of the “LANDBRIDGE WISDOM” (308,000dwt-blt ‘19, China), which was sold to Bermuda based owner, SFL Corporation, for a price in the region of $65.0m.

The weekly sale and purchase report by Intermodal Research & Valuations features secondhand sales market prices for crude oil- and oil product tankers, dry bulk carriers, container ships and gas tankers.

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