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BULK CARRIERS, part 3: Newbuilding and secondhand prices

Market Insight Report extract

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Bulk3-NB_second_hand_prices
Second-Hand prices have risen as well and recorded firm gains year-to-date. A five-year-old 82K DWT Kamsarmax can be purchased for 21 million US dollars which is 4 million USD above price indication in February. Price indication for a five-year-old capesize is 33.5 million US dollars which is almost 9 mill. USD more than a year ago.
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This is a short extract of our Market Insight Report. 

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