3 yr 23.1m
5 yr 20.5m
10 yr 15m
15 yr 9m
for the most part - you can use straight line interpolation between the given numbers. let me know what you come up with. i just ran the calc and cant make sense of your number. their fleet is currently not worth even 900m. maybe i am missing something?
the resale price of a supra as quoted by clarksons has been 26.5m since Aug 2012. recently it moved to 27m. need help getting to your 21% figure. thanks.
The supramaxes have once again been active with clients of Hsin Chien Marine inviting offers earlier this week on their “TANGO QUEEN” (about 54,649 dwt built 2007 Oshima) which saw initial offers at levels in the high 19’s. We understand the vessel has been sold at US$ 20 million ‐ the buyers remain undisclosed at this stage. The “LEGEND PHOENIX” (about 50,209 dwt built 2002 Mitsui SB) also invited offers earlier in the week and is now understood to have been committed at levels of circa US$ 14 million to undisclosed interests.
On modern supramaxes it is emerging that clients of Thai Thoresen have purchased the Japanese controlled supramax M/V “SIMURGH” (abt 54,881 dwt Oshima S.B 2005 C4x30T) for $17m in an off-market transaction, although this is likely to be an old sale.
Not that I got a dog in this fight.. I suggest all of yall realize.. If Egle sold all thier bulkers at these prices??? It wouldn't come close to covering thier $1.1B debt??? In the mean time.. Look at what analyst are projecting they will lose going forward!!!! I think Egle has 2 chances of surviving.. Slim and none!!! And slim just left the building!!!