Introduction The first half of 2021 saw 275 Cargo vessels sold for scrap, up 40% and 33% compared to 2020 and 2019, respectively. The 275 scrapped vessels have a combined DWT of 11.9 mil and a total scrap value of over USD 1 bil. 131 tankers were scrapped, accounting for nearly half of all cargo …

Introduction 2021 so far has been a ground breaking year for the shipping industry and global Trade flows, as the world recovers from the onset of the Covid pandemic last year. This half year review will use VesselsValue Trade data to delve into some of the reasons for the highs and lows of the last …

VesselsValue Trade data has been used to analyse current and historical demand in the Small Dry space. Demand indicators such as cargo miles, journey counts and speeds are derived from AIS through applying algorithms to the data, in order to see recent trends in the sector. This article will take a closer look at these …

Using VesselsValue Trade, we will assess the current status of the Tanker market, using historical and current AIS derived supply and demand data. Dirty Tankers: Demand and Rates continue to fall The impacts of Covid for the dirty Tanker market are still very present as rates continue to deteriorate into May. After making a small …

While the UK formally left the EU and the European Common Market Area in January 2020, the Transition Period which was in place until 31st December 2020 allowed for the trade relationships between the UK and the EU to continue essentially unchanged. Now that Brexit has officially come into force, we can examine the impact …

Last year was undoubtedly a volatile year for Crude Tankers, with changes in global oil production and an unforeseen pandemic leaving the market rejoicing at times, but ultimately fraught with uncertainty. In this article, we will use VesselsValue supply and demand data to assess the Crude Tanker market in recent months, as well as to …

On Monday, Thai officials introduced a new initiative allowing tourists to spend their mandatory two-week quarantine period aboard a yacht. Earlier this year in January, visitors were allowed to ‘quarantine’ in golfing resorts, but now the government’s Digital Economy Promotion Agency also reports that yachts are suitable quarantine vehicles too. Growth in Asia Compared to …

Episode 1 | RoRos

With the US election finalised and Biden now in office, VesselsValue’s trade data will be used to analyse the Container sector and the impact that his appointment is likely to have on US Container demand. A promising start to 2021 Biden’s win came at a time when Containership rates were, and continue to be, sky …