Capesize values softened in December 2022 Capesize values continued to soften over the course of December with the most dramatic fall seen in 15 year old Capes of 180,000 DWT, down by c.3.4% from USD 20.09 mil to USD 19.34 mil. Sentiment for the Capesize sector has been marred by concerns over low iron ore …

Containers values continue to soften Container values have continued to fall across all sub sectors and age categories in Q4 of 2022. Sale and purchase transactions have dropped steadily across each quarter of the year. In Q4 to date, only 25 sales have been reported, a drop of c.81% year on year. The decrease in …

LNG values have continued to strengthen, spurred by skyrocketing earnings that have surpassed last year’s record breaking peaks. In November, LNG rates peaked at a record high of 466,524 USD/Day from the Baltic Exchange BLNG1g assessment, pushing up LNG values. Demand for LNG carriers has increased exponentially this year due to the energy crisis in …

Capesize values continue to soften  Capesize values have continued to soften. Values for ten year old vessels of 180,000 DWT are down by c.13% since the start of the year, from USD 33.07 mil to USD 28.82 mil. The continued fall in values comes as Bulker earnings remain under pressure, and any hopes that an …

MR values hit 14 year high MR values have hit the highest levels since Oct 2008. The current value for a five year old MR is up by c.45% from the start of the year, from USD 30.32 mil to USD 44.01 mil. Sales for this sector have increased by c.15% from last year and …

Please note that end of October 2022 total fleet values in the Top 10 Ship Owning Nations & Regions include the vessel types covered by VesselsValue: Bulker, Tanker, Container, Reefer, Small Dry, LNG, LPG, Vehicle Carriers, RoRo, Cruise, OSV, OCV, MODU and CTV. Japan In terms of fleet value, Japan has moved back up to …

As the latest EU sanctions on Russian oil are coming into force in early December, we take a look at how the nearing sanctions are impacting values and trade within the Tanker and LNG markets. From the 5th of December, sanctions and price cap mechanisms will be imposed on Russian crude exports to the EU, …

Supramax values continue to fall Bulkers have seen a fall in values across the board this year, but the smaller sizes have seen the most dramatic decrease in asset prices. Values for five year old Supramaxes have fallen by c. 12% from USD 30.3 mil in January to USD 26.74 mil today. So far this …

Values for five year old VLCCs are currently at the highest levels since 2009. For example, 320,000 DWT, 5YO are currently valued at USD 95.74 mil, up 33.12% from the start of the year from USD 71.92 mil in January. Overall, Tanker sales have risen this year by c.12% with 1,026 transactions reported so far …

Container sales slow 2022 to date has seen a total of 292 Container sales, with the majority of these transactions taking place in the first half of the year. In October there were just nine Container sales reported, compared to 47 in January, a decrease of 81%. Of the sales recorded, four went to Greek …