Genco Shipping Present Day Fleet Valuation: The resale value of
dry bulk vessels is considered utilizing the latest values from CRS.
The GNK fleet has 9 Capesize
vessels with the average age of 4 years old.
The oldest capesize vessel aged 5 years while the newest is 2 years
old. The combined value of these 9
vessels calculates to $341M.
The GNK fleet has 8 Panamax vessels with an average age of 11.125 years
old. The oldest panamax vessel aged 14
years while the newest is 5 years old.
The combined value of these 8 vessels calculates to $130.8M.
The
GNK fleet has 17 Supramax vessels with an average age of 4 years old. The oldest supra vessel aged 8 years while
the newest is 1 year old.
The combined value of these 17 vessels
calculates to $416M.
The
GNK fleet has 6 Handymax vessels with an average age of 14.33 years old. The oldest handymax vessel aged 16 years
while the newest is 11 years old. The
combined value of these 6 vessels calculates to $59.5M.
The
GNK fleet has 13 Handysize vessels with an average age of 7.3 years old. The oldest handysize vessel aged 14 years
while the newest is 1 year old.
The combined value of these 13 vessels
calculates to $212M.
The
GNK fleet has a total combined present day value of $1,170.3M. This does not include any consideration for
the value of any period charter that may exist.
The average age is used for reporting only, and does not figure into any
individual vessel value calculations.
Good Fortunes