In an alert issued Monday morning Omar Nokta, an analyst at Clarkson Capital Markets, noted that brokers claim the 175,700-dwt C Prosperity (built 2011) recently changed hands for $30m.
The forecaster pointed out that this is approximately $3m lower than what his firm believes five-year-old capes are worth in today’s market.
If the sale is sealed Nokta noted the price tag would represent a low last seen in early 2003 but argued that the transaction does not represent a new benchmark.
“Nevertheless
