Category Archive For "Maritime Insights & Analytics"
Top 10 Ship Owning Nations
1. Japan Japan remains the top ship owning nation by fleet value at just over USD 108 Bn, despite seeing USD 9 Bn wiped off from its 2019 total value. This drop has largely been due to the fall in values seen in the Dry Bulk sector, which experienced a mixed 2019 and an even …
Our latest infographic, giving you a snapshot of the Cruise market.
See which companies and countries are dominating the Cruise market, as well the most valuable ship in the fleet.
Cruise Ships
We have just broken into the passenger ship market with the launch of automated valuations, data and satellite intelligence for Cruise ships. This comes at a time when Cruise ships are very much under the microscope due to the global outbreak of COVID-19. The global Cruise fleet consists of 483 vessels with an aggregate value …
COVID-19 Episode 1 | Bulkers
Hosted by our CSO, Adrian Economakis, the first video in our mini-series will look at how COVID-19 is currently affecting Bulker demand.
In this short video, we’ll cover:
Recent development in cargo mile demand for the main Dry Bulk ship types
Global trade and some main routes
Predictions over the coming months
Video mini series
Hosted by our CSO, Adrian Economakis, our video mini-series looks at how COVID-19 is currently affecting vessel demand, values and earnings. Tune in now!
Coronavirus effects on the Clean Tanker Market
During last week’s IP Week 2020, Coronavirus and its effects on global GDP, trade, demand and the oil price are unsurprisingly a major talking point. So what does real-time seaborne trade flow data show? The data covers the laden movements of clean tankers (MR1s to LR3s) measured on ton miles to take into account distances …
Offshore Wind trends in the US
At present the United States has only one operational offshore wind farm, Block Island Wind, located offshore of the State of Rhode Island. The wind farm, operated by Orsted, consists of five turbines producing 30MW (megawatts) for the 1000 island residents of New Shoreham. However, new state policies all along the Eastern Seaboard, from Maine …
Tanker Market
Overview After a positive autumn and winter, recent events have resulted in an increasingly pessimistic short term outlook for the Tanker market. In short, factors contributing to supply growth and demand constriction have combined to bring down Tanker rates. The Past Last summer, the US put sanctions on a number of Chinese Tanker owners. Due …
The Biggest and Best Deals of 2019
The end of the year is the perfect time for reflection, so we at VV are taking this opportunity to look back on the biggest and most valuable deals of 2019 in the Cargo and Offshore sectors. Newbuild Orders The most valuable single vessel ordered this year was by Awilco Drilling who ordered a Semi …
Major Oil and Gas Discoveries of 2019
We have recently added oil and gas prospects and discoveries to our Map module. This means you can now view up-and-coming projects and our existing offshore infrastructure across the globe, alongside our AIS vessel data. Major offshore discoveries this year include countries as diverse as Russia, Cyprus, South Africa, Malaysia and Guyana, as shown below. …