Multipurpose ship values are set to go through the roof, especially if they have container carrying capacity, if one recently reported deal turns out to be a new benchmark.

Norwegian owner Oslo Bulk has reportedly sold a 21-year-old vessel to an undisclosed buyer for an astonishing $12m.

The 17,500-dwt Oslo Wave (built 2000) had a value estimated by pricing service VesselsValue of just $7.05m.