Category Archive For "All"
Market Chat: Week 46
Supramax values continue to fall Bulkers have seen a fall in values across the board this year, but the smaller sizes have seen the most dramatic decrease in asset prices. Values for five year old Supramaxes have fallen by c. 12% from USD 30.3 mil in January to USD 26.74 mil today. So far this …
VesselsValue Announces the Rebrand of ViaMar
Global valuation and data provider, VesselsValue, announces the rebrand of recently acquired Shipping data and consultancy firm, ViaMar, and welcomes new ViaMar Managing Director, Martin Kjendlie. The ViaMar rebrand reflects the ongoing synergies between both companies, as well as illustrating VesselsValue’s continued investment in and expansion of its Maritime data services and offering for their …
Approaching Russian Oil Sanctions Spikes Tonnage Demand
According to VesselsValue trade figures, Russia has already begun to shift its crude exports towards Asia as we identify changes in trade flow patterns. Of the top 10 destinations for wet exports from Russia since the start of the conflict, the Netherlands has remained in the top spot. However, volumes exported have fallen considerably from …
A new breed of buyers
Offshore vessels have always been designed and built to support the offshore oil and gas industry. Whether that’s PSVs supplying offshore installations, AHT/AHTSs, MODUs and other offshore structures, or Subsea Support Vessels working on a wide scope of work beneath the sea level. These vessels have historically been purchased as new or on the second-hand …
Market Chat: Week 45
Tanker values at 13 year high Values for five year old VLCCs are currently at the highest levels since 2009. For example, 320,000 DWT, 5YO are currently valued at USD 95.74 mil, up 33.12% from the start of the year from USD 71.92 mil in January. Overall, Tanker sales have risen this year by c.12% …
Market Chat: Week 44
Container sales slow 2022 to date has seen a total of 292 Container sales, with the majority of these transactions taking place in the first half of the year. In October there were just nine Container sales reported, compared to 47 in January, a decrease of 81%. Of the sales recorded, four went to Greek …
Market Chat: Week 43
Capesize values for older vessels rise in October Capesize values for older vessels rose in October with prices for 15 year old tonnage up 9.55% since the start of Q4 to USD 22.23 mil. Of the sale and purchase transactions recorded last month, the average age was 19 years. Values for this sector moved up …
Market Chat: Week 42
Handysize values moving up in October Handysize values have increased this month across most ages, following a period of decline. Values for generic 10 year old Handysizes have moved up by c.2% since the start of October to USD 16.70 mil. Interest in the Handysize sector has led Bulker sale and purchase activity since the …
Introducing the UAE Offshore Fleet
To mark the start of ADIPEC in Abu Dhabi, we have created an overview of the UAE Offshore fleet using VesselsValue data. The infographic highlights the top purchases, OSV owning companies, utilisation, and fleet age profiles, alongside top Middle Eastern buyers. VesselsValue data as of October 2022.
What’s Happening in the Container Market?
Introduction Following a period of historically high freight rates, the Container sector is now experiencing a correction. The Container freight market is said to have peaked, as demand concerns linked to the health of the global economy have dulled sentiment somewhat. This has led to reduced demand across the Container sector, easing port congestion across …