2024 Half Year Review: Ferries

This ferry half year review is one of a series of reports providing a summary analysis of the first half of 2024 in the tanker, bulker, container, offshore, and LNG / LPG sectors. In each, we explore three areas: the newbuild market, second-hand sale and purchase activities, and demolition trends. Combining Veson’s extensive datasets with …

Continue reading

2024 Half Year Review: Tankers

This half year review is one of a series of reports providing a summary analysis of the first half of 2024 in the tanker, bulker, container, offshore, and LNG / LPG sectors. In each, we explore three areas: the newbuild market, second-hand sale and purchase activities, and demolition trends. Combining Veson’s extensive datasets with many …

Continue reading

2024 Half Year Review: Containers

This container half year review is one of a series of reports providing a summary analysis of the first half of 2024 in the tanker, bulker, offshore, and LNG / LPG sectors. In each, we explore three areas: the newbuild market, second-hand sale and purchase activities, and demolition trends. Combining Veson’s extensive datasets with many …

Continue reading

2024 Half Year Review: RoRo

This RoRo half year review is one of a series of reports providing a summary analysis of the first half of 2024 in the tanker, bulker, container, offshore, and LNG / LPG sectors. In each, we explore three areas: the newbuild market, second-hand sale and purchase activities, and demolition trends. Combining Veson’s extensive datasets with …

Continue reading

2024 Half Year Review: Offshore Sector

This offshore sector half year review is one of a series of reports providing a summary analysis of the first half of 2024 in the tanker, bulker, container, offshore, and LNG / LPG sectors. In each, we explore three areas: the newbuild market, second-hand sale and purchase activities, and demolition trends. Combining Veson’s extensive datasets …

Continue reading

2024 Half Year Review: Vehicle Carriers

This vehicle carrier half year review is one of a series of reports providing a summary analysis of the first half of 2024 in the tanker, bulker, container, offshore, and LNG / LPG sectors. In each, we explore three areas: the newbuild market, second-hand sale and purchase activities, and demolition trends. Combining Veson’s extensive datasets …

Continue reading

Dual-Fuel Fleet Additions Continue to Rise

Owners are shifting to dual-fuel systems in order to achieve net-zero emissions and comply with current environmental standards in the maritime sector. Using the Fleet Database feature of the VesselsValue platform, we examined the annual deliveries of dual-fuel vessels since 2018, broken down by the following sectors: Bulkers, Tankers, and Containers.  Fleet Database’s smart search …

Continue reading

Shipping Market Outlook: Q3 2024 Forecast

Overview The Houthi attacks in the Bab Al Mandeb strait and the subsequent rerouting around the Capes has supported all the different shipping markets to varying degrees. The highly unpredictable nature of the Houthis creates a lot of uncertainty, as a sudden cessation of attacks carries a lot of downside risk for shipping, while a …

Continue reading

Are 2024 Market Conditions Conducive to Consolidation in Chemical Tankers?

The chemical tanker-owning sector is no stranger to mergers and acquisitions with a history of notable activity over recent decades. But this year, transactions are continuing amid less obvious market conditions. Veson analysts explore the data and look at what is driving them. Introduction Acquisitions, consolidations, and mergers have been a distinct theme in the …

Continue reading

LNG Newbuilding Values at Record High

The number of LNG newbuilding orders have more than doubled from the same period last year where 34 orders were placed, compared to 78 in the first five months of 2024, an increase of c.129%. Newbuilding prices for the Large LNG sector of 174,000 CBM are currently at an all-time high of USD 269 mil, …

Continue reading