Category Archive For "Maritime Insights & Analytics"
2019 Big Spenders
2019 has proven to be a particularly volatile year for shipowners. Record highs (Tankers), 3 year lows (Bulkers) and trade wars (Containers) made for good headlines, but how did this volatility affect second hand spending? Bulkers Chinese companies have purchased 47% of all Bulkers transacted on the second-hand market so far this year. Greek companies …
Box Ships are Booming
We’ve just added Containers to the list of vessels covered by our Trade module. This means you can now analyse cargo mile demand and see underlying vessel journeys and stoppages for the global fleet of Containerships. Our COO, Adrian Economakis, looks at key data to determine which are the most attractive segments for owners and …
Box Ships are Booming
VesselsValue has just added Containers to the list of vessels covered by their Trade module. This means that users can now analyse cargo mile demand and see underlying vessel journeys and stoppages for the global fleet of Containerships. Adrian Economakis, COO, looks at key data to determine which are the most attractive segments for owners …
The LNG market and development in 2019 with an emphasis on China
Market The main story for 2018/19 has been the positive developments in the large LNG sector, which we are expecting to continue throughout the rest of 2019 into 2020. This is being driven by increasing demand as more countries prioritise LNG as an energy source, replacing oil and coal, combined with increasing supply as more …
Demand & Supply Trends
The Aframax sector has come out on top as having the largest percentage rise in ton miles over fleet growth in the past 3 months. Aframax charter rates have more than quadrupled in the same time frame, starting July at approximately 9k USD and starting October at over 40k USD. A contributing factor to this …
The LNG market and development in 2019 with an emphasis on China
Market The main story for 2018/19 has been the positive developments in the large LNG sector, which we are expecting to continue throughout the rest of 2019 into 2020. This is being driven by increasing demand as more countries prioritise LNG as an energy source, replacing oil and coal, combined with increasing supply as more …
A snapshot of the Vehicle Carrier market
We have just added another ocean going sector to our portfolio with the launch of automated valuations, a commercial and technical database and mapping and tracking for Vehicle Carriers. In this week’s blog post we look at this highly valuable sector in more detail. With an estimated USD 775 bn worth of exports in 2018, …
Vehicle Carrier Market Insight
With an estimated USD 775 bn worth of exports in 2018, cars represent the world’s number three exported product by value, trailing only crude oil and refined petroleum oils. Given this, one would think the vehicle carrier market is booming however this is not the case… The aggregate number of vessels on the water has …
Renewable energy moves East
Unlike Scrubbers and LSFO which are mitigating the existing problem, renewable energy is a long term solution to the environmental issues faced globally. Europe has led this initiative, and through the last 19 years of development the cost of renewable energy, particularly offshore windfarms has decreased significantly. Shipowners and operators are beginning to see this …
The Vicious Cycle
The shipping markets are classically cyclical, but with extreme volatility. In fact, bulkers and tankers probably have the highest volatility of any major hard asset. The reason for this volatility is due to two main elements: the behaviour of shipowners and investors, and the relatively long build times and working lives of vessels. Effectively, what …