Entries Written By Charlotte Cook
Handy Bulker Values to Rise Over 30% by End of 2020: Quarterly Forecast for Cargo Vessels
We have partnered with Oslo based shipping consultancy firm ViaMar to provide Forecasted Market values for each individual vessel in the Tanker, Bulker, Container and LPG fleet. Forecasted Market Values are quarterly forecasts for individual vessels provided until the end of their predicted economic life. Overall The US China trade war is still on, but …
Half Year Scrapping Round Up
The first half of 2019 saw 201 cargo vessels sold for demolition (sum 2 million tonnes) 75% were scrapped at either Bangladesh or India, with Bangladesh receiving the majority share. Scrapping numbers were down c.18% compared to the first half of 2018. This is a knock on effect from the collapse of the Brumadinho dam …
CSSC and CSIC Merger Intentions
This week the two largest Chinese shipbuilding groups China State Shipbuilding Corporation and China Shipbuilding Industry Corporation announced their intention to merge. If combined the Chinese mega yard’s orderbook will become the largest in the world when measured by number number of orders, dominating Capesize newbuilding orders. Currently there are 205 Capesize vessels on order, …
A Potential War with Iran and the Impact on Trade
A wider conflict with Iran would be negative for most types of ships and for the oil markets in general. Fewer ships will transit the Straits of Hormuz. The following analysis focuses on VLCCs, which lift most of the crude cargo volumes out of the Arabian Gulf. A Look at History In the tanker war …
Splashing the cash: Who are Norway’s biggest spenders since Nor Shipping 2017?
With just days to go before the maritime industry descends on Oslo for Nor-Shipping, we’ve taken a look at Norway’s biggest spenders. Norway 2019 is a very different place compared to a few years ago. However, many of the nation’s shipping and Offshore industries have achieved sustained growth through some of the most turbulent times …
Splashing the cash: Norway’s Biggest Spenders Over the Last Years
Norway 2019 is a very different place compared to a few years ago. However, many of the nation’s shipping and offshore industries have achieved sustained growth through some of the most turbulent times ever faced. Since the last Nor-Shipping in 2017, the number of Norwegian companies owning vessels has increased from 205 to 238. The …
VLCCs vs Aframaxes: Which is in a better position?
This month we joined industry professionals at the 4th Capital Link International Shipping Forum in Shanghai, where our Head of Singapore Charlie Hockless spoke on ‘Opportunities & Risk: Signals in the Noise – Taking a look at the key data’. In our latest blog post we take a look at Charlie’s findings on opportunities and …
Happy Birthday to Us!
With VV turning eight today, we sat down with our CEO and Founder, Richard Rivlin, to hear his thoughts on how VV has evolved since our launch on the 13th May 2011. Q1. How did it all start? “I have always been interested in harnessing the power of technology to help the broker work more efficiently. …
To 2019 and Beyond: Forecasted Bulker, Tanker, Container and LPG values
We have partnered with Oslo based shipping consultancy firm ViaMar AS to provide Future Market values for each individual vessel in the Tanker, Bulker, Container and LPG fleet. Future Market Values are quarterly predictions for individual vessels provided until the end of their predicted economic life. Bulkers It has been a tumultuous six months in the dry bulk …
To 2019 and Beyond: Forecasted Bulker, Tanker, Container and LPG Values
We have partnered with Oslo based shipping consultancy firm ViaMar to provide Future Market values for each individual vessel in the Tanker, Bulker, Container and LPG fleet. Future Market Values are quarterly predictions for individual vessels provided until the end of their predicted economic life. Bulkers It has been a tumultuous six months in the dry …