Tankers continue to strengthen VLCC asset prices and rates are finally seeing the increases that the market was hoping for. Sentiment for Tankers is strong with VLCC earnings having risen consistently since June and peaking towards the end of September at almost 70,000 USD/day. This is primarily due to seasonality, with an increase in demand …

The Car Carrier market went into overdrive in mid August, after Nissan extended their 100,000 USD/Day rate on Lake Geneva (6,178 CEU, Jan 2015, Imabari) just four weeks into the deal. A record breaking fixture setting a higher high in a raging bull market, paralysed by short PCTC supply following years of underinvestment. To put …

Introduction The Middle East, in particular Saudi Arabia and Abu Dhabi, are investing heavily in their respective oil and gas industries, and making no bones about their growth and expansion plans. Saudi Arabia announced they would be rapidly scaling up oil production in the region, producing 12 million barrels per day and aiming for 13 …

In an inversion of what is appropriate, the market only remains opaque for our most important stakeholders. Tools for Transparency For years the Superyacht market has been clamouring for data and transparency without, for the most part, defining what transparency means or what data is required. Typically, what people mean when they refer to transparency …

Introduction Dry Bulk and Containership markets have exhibited sharp declines in earnings over the summer. Many have attributed this to a drop in congestion. However, our data shows congestion persists at high levels, though it has shifted from more visible to less visible regions of the world. In this article, we explore the drivers of …

Using our newly launched Congestion feature, we take a look at the top 10 busiest ports around the world, examining the average waiting times for Containerships, Bulkers, and Tankers. VesselsValue data as of 13th September 2022.

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 …