Entries Written By Charlotte Cook
Introducing Ferries
To mark the launch of Ferry Market Values, we have provided an overview of the Global Ferry Fleet using VesselsValue data. This includes top owning countries and companies, fleet development over the last ten years, age profile of today’s fleet, most valuable Ferry (>12,999 GT) and most notable deals from 2022. VesselsValue data as of …
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 …
A new breed of buyers
Offshore vessels have always been designed and built to support the offshore oil and gas industry. Whether that’s PSVs supplying offshore installations, AHT/AHTSs, MODUs and other offshore structures, or Subsea Support Vessels working on a wide scope of work beneath the sea level. These vessels have historically been purchased as new or on the second-hand …
Market Overview: Middle East Offshore
Introduction The Middle East, in particular Saudi Arabia and Abu Dhabi, are investing heavily in their respective oil and gas industries, and making no bones about their growth and expansion plans. Saudi Arabia announced they would be rapidly scaling up oil production in the region, producing 12 million barrels per day and aiming for 13 …
Demystifying the Superyacht Market
In an inversion of what is appropriate, the market only remains opaque for our most important stakeholders. Tools for Transparency For years the Superyacht market has been clamouring for data and transparency without, for the most part, defining what transparency means or what data is required. Typically, what people mean when they refer to transparency …
Congestion is a Big Piece of the Supply & Demand Puzzle
Introduction Dry Bulk and Containership markets have exhibited sharp declines in earnings over the summer. Many have attributed this to a drop in congestion. However, our data shows congestion persists at high levels, though it has shifted from more visible to less visible regions of the world. In this article, we explore the drivers of …
Congestion: A Look into the Busiest Global Ports
Using our newly launched Congestion feature, we take a look at the top 10 busiest ports around the world, examining the average waiting times for Containerships, Bulkers, and Tankers. VesselsValue data as of 13th September 2022.
VLCC Supply and Demand Analysis
Commentary from Graham Close, Senior Trade Analyst, and George Delaney, Valuation Analyst. Introduction While the talk of the town has been of the VLCC sector’s spike in rates in recent weeks, this article focuses on some of the key variables that have afflicted these vessels over the past few years and kept market sentiment so …
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 …
Felixstowe Strike Poses Challenge to Supply Chains
Port workers at Felixstowe are striking for eight days from Sunday 21 August until Monday 29 August, after rejecting the latest pay offer from Port Operator Hutchinson Ports. Felixstowe is one of the UK’s top Container ports and a critical hub in the region’s logistics network. Any disruption will be a key risk factor in …