Bulk Carrier🇵🇦 PanamaActive

IC PROGRESS

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IMO: 9611577
MMSI: 352004331
Call Sign: 3E7769

Technical Specifications

Key Figures

Gross Tonnage

20,218GT

Deadweight

32,400DWT

Length Overall

177.5m

Beam

28m

Draught

10m

Year Built

2011

Intelligence

Risk & Sustainability

Estimated market value

$10Mrange $8.5M – $12M

$308/dwt · 32,400 dwt · built 2011

high confidence · 59 comps

Comparable sales

IC PROGRESS 2011 · $10.6MYANGTZE HAPPINESS 2012 · $10MT SYMPHONY 2011 · $8.5MARAWANA 2012 · $9.5MMAPLE FORTITUDE 2011 · $11MSEASTAR VENTURE 2012 · $9M

Second opinion±27% typical error

$10.6Mrange $8.3M – $13M

An independent cross-check of the estimate above for Bulker (segment · size · age · market).

Estimate from $/dwt of similar-size, similar-age ships sold in the last 24 months. Indicative, not a certified valuation.

Risk scoreLow

84/ 100

Safety78

Compliance95

Environment78

Carbon intensity · 2024E

2,887t CO₂

AER (CO₂/capacity·nm): 8.8
Fuel burned: 924 t
Technical: EEXI (5.42 gCO₂/t·nm)

Verified reported figure. Band is peer-relative, not official IMO CII.

Compliance

Safety Record

Marine casualties1

TOTAL FAILURE OF ANY MACHINERY OR TECHNICAL SYSTEMMinor
May 21, 2013ÎLES AUX COUDRES, QC, QUEBEC (QC)
On 21 May 2013, the b/c "ATLANTIC PROGRESS" sustained a main engine failure off Île aux Coudres, Quebec. The propulsion was restored 15 minutes later. No injuries nor pollution reported.

Recorded marine occurrences naming this vessel.

Composite Risk

Risk Score

54/100

Elevated riskLow confidence40% component coverage

Multiple adverse factors, or a hard ship-specific signal, lift this hull above the fleet norm.

PSC detentionsno data

Sanctions exposureno data

Dark-fleet signalno data

Hull age40

Flag register75

A coverage-weighted blend of the 2 components we could read for this hull — the weights renormalise over only the components present, so a thin read is never inflated and a hull is never credited a “safe 0” for a signal it has no row for. This headline is flagged low-confidence (a thin or structural-only read) and should not be treated as a verdict. Higher means riskier. Derived in-house from government-open port-State-control, flag, sanctions and our own vessel data; weight it by the coverage above.

Estimated

Capacity & Classification

Cargo capacity at draughtHigh confidence

~32,400t at summer draught

Bulker · summer draught 10 m · 41.2 t per cm immersion

Estimated intake by draught

7 m~20,039 t

7.5 m~22,099 t

8 m~24,159 t

8.5 m~26,220 t

9 m~28,280 t

9.5 m~30,340 t

10 m~32,400 t

Estimate only — modelled from deadweight (hull geometry) using a first-principles hydrostatic model, not measured hydrostatic tables. The design draught it is anchored to is unreliable across the fleet.

Type classification

Declared

Bulker

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Inferred from size

Bulker

density DWT/GT=1.60 is consistent with declared bulker

DWT/GT 1.6Beam/LOA 0.158Declared type: Bulk Carrier

Declared type is consistent with the class implied by the vessel’s size signals. Inferred via our shared size-based classifier.

Commercial