Commentary from Graham Close, Senior Trade Analyst, and George Delaney, Valuation Analyst. Introduction While the talk of the town has been of the VLCC sector’s spike in rates in recent weeks, this article focuses on some of the key variables that have afflicted these vessels over the past few years and kept market sentiment so …

Introduction Following the recent release of VV Aviation as a new VesselsValue brand, we revisit our comparative piece on Vessels versus Aircraft, to highlight the similarities and differences once again between the two asset types. Firstly, we compare the value changes since January 2020 for one of the largest common types of Bulker (Capesize) and …

Port workers at Felixstowe are striking for eight days from Sunday 21 August until Monday 29 August, after rejecting the latest pay offer from Port Operator Hutchinson Ports. Felixstowe is one of the UK’s top Container ports and a critical hub in the region’s logistics network. Any disruption will be a key risk factor in …

Several major Container ports on the US East Coast are experiencing elevated levels of congestion, but a few remain relatively free flowing and uncongested. As Container lines reposition services away from the US West Coast, where waiting times hit once in a generation levels over the global Covid-19 pandemic, the strain on East Coast logistics …

Introduction The International Maritime Organisation’s (IMO) attempts at curbing the emissions of Shipping have been in the headlines for nearly a decade. Their flagship policy, EEDI (Energy Efficiency Design Index), has laid the way for a host of acronymic additions to its regulatory roster, including EEXI (Energy Efficiency Existing Index), CII (Carbon Intensity Indicator), and …

Congestion for Dry Bulk Carriers at Rotterdam has soared due to the Russia-Ukraine conflict. Since the outbreak of war in late February, the average waiting time for a Bulker at Europe’s busiest port has often been above the high end of its three year range. But over the seven week period from May 9th to …

It has been reported by several agencies that grain from Ukraine is being loaded in Sevastopol, a major terminal in the province of Crimea, currently controlled by Russia. However, this is difficult to determine as the vessels in the relevant area of the Black Sea are increasingly operating in the ‘dark’. Going ‘dark’ refers to …

Introduction The economic environment for global trade has profoundly shifted in the past year. Recovering demand from the pandemic has collided with supply side constraints in many industries, inflation and interest rates are rising, and the Ukraine war, together with sanctions on Russia have disrupted global commodity flows. Amid the myriad uncertainties, perhaps the most …

To celebrate the much awaited return of Posidonia after 4 years, we take a look at how the Greek fleet has developed since the last event in 2018, using VesselsValue data. From 2018 to 2022, the value of the Greek owned fleet increased by 92%. This is a considerable increase considering the fleet only grew …

Bidding wars for Car Carriers are driving rates up to record highs never before seen in the sector. Eastern Pacific’s Lake Wanaka (4,902 CEU, May 2008, Xiamen Shipbuilding Ind) was fixed for 1 year at 50,000 USD/Day to Volkswagen in March. A premium of 10,000 USD/Day compared to the larger, younger Lake Geneva (6,178 CEU, …