2025 Mid-Year Shipping Market Trends & Highlights

The first half of 2025 has been characterised by cautious S&P activity, which has been shaped by regulatory tightening, reduced investor sentiment, and persistent geopolitical uncertainty. Instability in the Middle East, particularly disruptions in the Red Sea, has continued to affect global trade flows and routing strategies, while renewed tariff tensions have weighed on asset …

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Strong Demand for Older Crude Tankers Defies Market Slowdown

Older Crude Tankers are defying expectations. In a year where overall Tanker S&P volumes have dipped, demand for vintage tonnage, particularly VLCCs and Aframaxes, remains unexpectedly strong. With buyers focusing on vessels averaging 14 years of age, the market is proving that age is no barrier when earnings are firm and availability is tight.  Using …

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Falling MR Tanker Prices Fuel Buyer Appetite 

MR Tanker values have been on a steady slide since January, sharpening buying appetite, particularly among those eyeing short term earnings potential. With the sector accounting for nearly a quarter of all Tanker deals so far this year, MR activity is setting the tone for the wider product Tanker market.  Since the start of the …

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Shipping Market Outlook: Q3 2025 Forecast

Overview Current global economic and geopolitical landscapes are shaped by several key uncertainties. Tensions between Israel and Iran, particularly regarding the Strait of Hormuz, pose risks to regional stability and energy supply routes. Similarly, Houthi activity in the Red Sea threatens shipping through the Suez Canal. Oil sanctions continue to disrupt global energy markets, while …

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Cruise Sector Represents Majority of $116.5 Bn US Fleet

To mark the start of 2025 Marine Money Week in New York, we take an in-depth look, using VesselsValue data, at the US fleet—broken down by vessel type, the top 10 shipowning nations, and the current market value of all vessels types versus the historic median. By beneficial owner country, China retains the top spot …

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Capesize S&P Activity Drops ~48% YoY

Using VesselsValue Timeseries, we examine how historical orderbook trends have influenced time charter (TC) rates and asset values for the Capesize segment. The data visualisations underscore the importance of tracking orderbook activity as a key driver of future fleet supply. This supply, in turn, directly impacts earnings potential across the fleet. In essence, the historical …

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Norway Sets the Bar High with Green Orders

As the shipping world prepares to descend on Oslo for Nor’ Shipping 2025, we take a look at the Norwegian fleet which is currently valued at USD 66.2 bn using VesselsValue data. The following charts highlight the Norwegian fleet breakdown by vessel type, top Norwegian companies, S&P transactions, and the breakdown of dual fuel orders …

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Is This a Good Time to Start Financing Panamax Bulkers?

VesselsValue’s Timeseries product can be used to assess when may be a good time to start financing a specific vessel type. In this instance, we’ve taken a look at the Panamax sector and have compared newbuilding orders with demolition levels alongside trends in values.   Values for Panamaxes have moved lower across most sub sectors …

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USTR Port Fees Minimize Impact on Chinese-built Dry Bulk Carriers 

On April 17, the Office of the US Trade Representative (USTR) presented an updated proposal for port fees on Chinese-built vessels, initially announced in February. The proposal was an extensive report covering many areas, but certain details created some confusion. There was an increased focus on Chinese owners and operators, but uncertainty remains around how …

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