Shipping Market Outlook: Q2 2024 Forecast

Overview There are several elements of unpredictability affecting our shipping market forecasts for the second quarter of 2024. The Chinese economy’s recovery currently teeters on instability, casting a shadow of uncertainty over the industry due to China’s pivotal role as a major demand driver. Elevated interest rates in Western economies heighten the risk of a …

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Tanker Orders Increase 32% Year-on-Year

Tanker ordering levels have increased during the first few months of 2024. So far this year, 104 Tankers have been added to the global orderbook, up from 79 for the same period last year, representing a year-on-year increase of c.32%. Values for Tanker newbuildings have also increased across all subsectors. LR2s of 115,000 DWT show …

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Container values strengthen after post-boom decline

Container values have risen significantly across almost all sectors and age categories since the start of the year. This follows an extended period of decline, where values fell steadily after reaching a record peak during the Container boom at the end of Q1 2022. However, since January 2024, values have taken a turn in the …

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Shipping Market Outlook: Q2 2024 Forecast

Overview There are several elements of unpredictability affecting our shipping market forecasts for the second quarter of 2024. The Chinese economy’s recovery currently teeters on instability, casting a shadow of uncertainty over the industry due to China’s pivotal role as a major demand driver. Elevated interest rates in Western economies heighten the risk of a …

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vessel-at-sea

The 8 Layers of Vessel Ownership in VesselsValue

Since we launched VesselsValue in 2011, we have continued to expand our database to include valuable information regarding vessel documentation, transactions, and valuations. This includes our market-leading vessel ownership database, to which we’ve recently added an eighth layer: the Ultimate Beneficial Owner (UBO). By including this new management tier, we believe shipowners, banks, insurers, 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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