Category Archive For "Maritime Insights & Analytics"
Capesize Values Under Pressure
VesselsValue data suggests the value of a generic fixed age 15 year old Capesize Bulker has fallen 20% from 1st November 2018 to USD 12.2 million today. By contrast, other valuers are quoting figures or estimated ranges 15-30% higher. Company Director Matthew Freeman says: “Whilst no sales have been concluded yet, there are a number …
Singapore Dominates Maritime Industry in SE Asia
Maintaining its strong position as the leader of the maritime industry in South East Asia, Singapore does not disappoint. Singaporean Eastern Pacific Shipping came in first as the largest shipowners by market value in the South East Asian region. The Singapore flag, with its strict adherence to international environmental and safety record and government policies …
Listed Shipping Companies with Substantial Fleet Value Growth
Has it been a good year for shipping? Shipping has faced another challenging year as excess yard capacity and the resulting surplus of ships has continued to weigh on spot and term market rates. However, green shoots are appearing, and several long term trends are developing that will reward those with the tenacity to stay …
Listed Shipping Companies with Substantial Fleet Value Growth
Has it been a good year for shipping? Shipping has faced another challenging year as excess yard capacity and the resulting surplus of ships has continued to weigh on spot and term market rates. However, green shoots are appearing, and several long term trends are developing that will reward those with the tenacity to stay …
$17.6Bn Increase in Top 10 Global Fleet Values
#1 Greece The Greek fleet has increased its total value by over USD 5 billion in one year. This is the second biggest increase in value for any of the top 10 shipping nations. The total asset value of the Greek owned fleet has topped USD 100 billion, a significant milestone. The increased fortune comes …
Outstanding Orderbook 2018
Vessel deliveries typically slow down towards the end of the year. If shipowners wait a few weeks, allowing the delivery to slip into the new year, the vessel is considered a whole year younger. Many sectors can expect a higher proportion of the orderbook to hit the water in future years. There are 1,966 vessels which have …
Top 10 Global Fleets Worth £516Bn USD
VesselsValue has released its yearly World Fleet Values Ranking. Topping the list is Greece, with an owned fleet worth just shy of 100 billion USD, followed closely by Japan and China, worth 89 and 84 billion USD respectively. Greece Greek owners remain the dominant force in global shipping. The current value of their owned fleet …