Market Chat: Weeks 3 and 4

Ice class Tankers are the talk of the town The number of ice class Aframax Tanker transactions that took place in 2022 increased by 140% year on year. The majority of sales took place in the second half of the year and the average age of vessels sold was 15 years. Values for this sector …

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Market Chat: Weeks 3 and 4

Ice class Tankers are the talk of the town The number of ice class Aframax Tanker transactions that took place in 2022 increased by 140% year on year. The majority of sales took place in the second half of the year and the average age of vessels sold was 15 years. Values for this sector …

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Vehicle Carrier and RoRo Full Year Review 2022

Vehicle Carriers (PCTC, LCTC) Short Shipping supply got further squeezed for exporters in 2022 due to chronic land side congestion at major ports and terminals in Europe, reducing PCTC (Pure Car Truck Carrier) ship call frequency and therefore capacity. Terminal space completely maxed out in August at major hubs in the Med and Northwest Europe, …

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An Overview of the Ferry Market

Freight Demand Main Catalyst for Fleet Growth Since 2012 Looking at fleet development from Midsizes upwards, steady year-on-year (YoY) net growth has been evident since 2016, up +1.47 mil GT (+13.2%) inclusive of 2022. The main catalyst behind this growth has been stronger demand for freight capacity, adding 116,285 Lane Meters (+16.2%). By contrast, passenger …

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An Overview of the Irish Commercial Passenger Fleet

To mark the start of Airline Economics Growth Frontiers conference in Dublin next week, we have provided an overview of the Irish Commercial Passenger fleet using VV Aviation data. As the major hub for aircraft leasing, Ireland is home to a large number of aircraft owners who deploy their aircraft across the globe. This can …

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Aviation and Shipping: So Close, Yet So Far

Introduction Following the recent release of VV Aviation as a new VesselsValue brand, we revisit our comparative piece on Vessels versus Aircraft, to highlight the similarities and differences once again between the two asset types. Firstly, we compare the value changes since January 2020 for one of the largest common types of Bulker (Capesize) and …

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Airline Woes Over Summer Strikes

Introduction The Aviation sector was hit hard during the pandemic, with a cumulative loss of over USD 200 billion according to IATA (International Air Transport Association). As a result, airlines and airports have had to continually adapt to survive. Since the start of the pandemic, the Aviation sector has had to contend with unprecedented disruption …

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VesselsValue Announces the Rebrand of ViaMar

Global valuation and data provider, VesselsValue, announces the rebrand of recently acquired Shipping data and consultancy firm, ViaMar, and welcomes new ViaMar Managing Director, Martin Kjendlie.  The ViaMar rebrand reflects the ongoing synergies between both companies, as well as illustrating VesselsValue’s continued investment in and expansion of its Maritime data services and offering for their …

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Introducing Aviation

New for the Aviation industry, introducing daily updated aircraft specific values. Since our launch in 2011, our mission has been to bring transparency, objectivity and innovation to opaque valuation and information markets.   For the last decade, we have been committed to helping you, our clients in the Shipping community improve your businesses, save time and …

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Richard Rivlin, CEO of VesselsValue, Answers Our Questions

To mark VesselsValue’s 10th anniversary we interviewed Richard Rivlin, our Founder and CEO to learn more about how he has grown the company and his plans for the future. Q: How many are you at VesselsValue? From the initial team of 10 when we launched in 2011, we have now grown to 170 people operating …

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Building a Compelling Company Culture at VesselsValue

The Last Decade The Company’s recent milestone birthday has naturally prompted many of us at VesselsValue to reflect and look back over the past ten years. As someone who has been here since the beginning, watching VV grow, develop, and succeed has been an exciting and satisfying journey. Overall, most memories are fond, and every …

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VV Interns: A Week in the Life of Christian Acheampong

This summer, before starting his first year at university, Christian Acheampong joined our Design department as an intern. Read on to find out how he found the experience. “For the past 6 weeks, I’ve been working in the design team in the VV London office. As I am a student transitioning to university, working with …

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