It is widely believed that Greek buyers acquired the 81,300-dwt Flora Island (built 2012) for roughly $18.4m.
The price tag is approximately $2m lower than what the VesselsValue.com portal thinks the ship is worth in today’s market.
In a client briefing Erik Nikolai Stavseth of Arctic Securities agreed that the transaction points to further declines in asset values.
He also noted the deal follows the sale of the 84,100-dwt A Max (built 2011), which
