AS the cash-rich Greek shipowners have been sunning themselves on their yachts in the Mediterranean over the long Easter holidays, the market has been fairly quiet.
With Japan's Golden Week starting in 10 days' time, there will be little action from the Japanese sellers though the strong yen continues to make Japanese ships expensive for foreign buyers.
In the tankers market, Norwegian investors are believed to have purchased the Gotaas-Larsen-controlled Suezmax Golar Liv, of about 139,750 deadweight tonnes (dwt), built by Daewoo in 1988, for US$32 million.
The Glen Ville, of about 134,372 dwt, built by Fredriksstad in 1975, and Stanwich, of about 138,973 dwt, built by Mitsui in 1975, are reported sold to Thenamaris for $10.4 million as a package.
In the bulk carriers market, Yih Tai Marine Corp of Taiwan has sold its old Panamax Union Safety, of about 61,100 dwt, built by Mitsui in 1970, to Chinese buyers for just under $3 million.
The Eve Trader, of about 50,500 dwt, built in 1974 by Flensburger, has been sold to Piraeus Greeks at just over $4 million.
Buyers from the same port have purchased the Mary N, of about 41,035 dwt, built by Sanoyasu in 1976, for around $6.3 million.