Weekly Market Report for Week 22 of 2026

Nissen Kaiun have committed the Capesize “Ehime Queen” 181/2016Imabari, Japan (SS 07/2031, DD 05/2029, Scrubber fitted) to Chineseinterests at USD 57,5 mill basis delivery July-September 2026. Note that thethree-years-younger sister vessel “Lowlands Spirit” 182/2019 Imabari, Japan(SS 10/2029, DD 10/2027) was sold a month ago at USD 65,5 mill.The Kamsarmax “Panagia Force” 81/2007 Mitsui, Japan (SS/DD 04/2027) ofPolforce Shipping was committed at USD 13,5 mill. Remind you that back inMarch, the one-year-younger sister vessel “ASL Moon” 81/2008 Mitsui,Japan (SS/DD 09/2026) was sold at USD 13,6 mill.On the Panamax sector, the “Exelixsea” 76/2011 Oshima, Japan (SS/DD09/2026) was committed to undisclosed interests at USD 17,5 mill. Forreference, the “Global Bonanza” 75/2011 Sasebo, Japan (SS/DD 04/2026)was sold back in January at USD 15,3 mill.Zhejiang Shipping group have committed their Ultramax “Tian Mu Shan” &“Yan Dang Shan” 63/2017 Sainty, China (SS/DD 01/2027 & SS/DD 06/2027)via online bidding at USD 52,32 mill enbloc, while the “Beltiger” 63/2017New Times, China (SS/DD 01/2027) from Belships was committed at USD26,8 mill.The Supramax “Ausone” 56/2012 Yangzhou, China (SS/DD 04/2027) wascommitted at USD 14 mill and the “Sea Affluence” 56/2012 Jiangsu, China(SS 04/2030, DD 06/2028) was committed at xs USD 15 mill. In addition, the“Jade” 55/2010 NACKS, China (SS 04/2030, DD 04/2028) was committed toTurkish interests at low USD 15 mill. Note that the sister vessel “Coral Gem”55/2010 NACKS, China (SS 02/2030, DD 07/2027) was sold back in March atUSD 14,5 mill.Mariners Shipping Agency have committed the Handysize “Despina K”32/2010 Jiangsu, China (SS 05/2030, DD 09/2028) to undisclosed interests atUSD 9,2 mill. Remind you that back in March, the “Sea Sapphire” 32/2010Zhejiang, China (SS 03/2030, DD 05/2028) was sold at USD 8,5 mill.