Category Archive For "All"
Small Dry: Demand bolstered by strong Container and Dry Bulk earnings
VesselsValue Trade data has been used to analyse current and historical demand in the Small Dry space. Demand indicators such as cargo miles, journey counts and speeds are derived from AIS through applying algorithms to the data, in order to see recent trends in the sector. This article will take a closer look at these …
Richard Rivlin, CEO of VesselsValue, Answers Our Questions
To mark VesselsValue’s 10th anniversary we interviewed Richard Rivlin, our Founder and CEO to learn more about how he has grown the company and his plans for the future. Q: How many are you at VesselsValue? From the initial team of 10 when we launched in 2011, we have now grown to 170 people operating …
Tankers: Covid cloud continues to dampen the Dirty Tanker market, whilst glimmers of recovery surface for Clean Tankers
Using VesselsValue Trade, we will assess the current status of the Tanker market, using historical and current AIS derived supply and demand data. Dirty Tankers: Demand and Rates continue to fall The impacts of Covid for the dirty Tanker market are still very present as rates continue to deteriorate into May. After making a small …
Building a Compelling Company Culture at VesselsValue
The Last Decade The Company’s recent milestone birthday has naturally prompted many of us at VesselsValue to reflect and look back over the past ten years. As someone who has been here since the beginning, watching VV grow, develop, and succeed has been an exciting and satisfying journey. Overall, most memories are fond, and every …
Offshore Wind trends in the US
The US government announced on the 29th of March an acceleration of offshore wind projects and increased funding for renewable energy. The goal is to develop 30,000 megawatts (MW) of offshore wind capacity in the next decade, which would create up to 80,000 new jobs. Attempts to build large scale wind farms comparable to those …
Brexit’s Impact on UK Trade. What is really happening?
While the UK formally left the EU and the European Common Market Area in January 2020, the Transition Period which was in place until 31st December 2020 allowed for the trade relationships between the UK and the EU to continue essentially unchanged. Now that Brexit has officially come into force, we can examine the impact …
Container Trade Accelerates as Rates Continue to Climb
Time charter rates The Container market has seen an unprecedented increase in rates since the end of 2020. Container 1 year TC rates have surged to extraordinarily new highs with 8,500 TEU values rising to a record 54,000 USD/day for April. This is an increase of 350% since June 2020. Throughout 2020 the market fell …
New floating solar projects inside of existing wind farms
Floating solar the future green energy? Offshore floating solar farms in the future can contribute to renewable green energy production, especially in conjunction with existing offshore wind farms. Solar modules deployed in the spaces between wind turbines could supply additional energy without the loss of space. When solar modules are used in the space between …
Crude Tanker market still showing signs of volatility into 2021
Last year was undoubtedly a volatile year for Crude Tankers, with changes in global oil production and an unforeseen pandemic leaving the market rejoicing at times, but ultimately fraught with uncertainty. In this article, we will use VesselsValue supply and demand data to assess the Crude Tanker market in recent months, as well as to …
A Quality Quarantine from the Comfort of a Superyacht
On Monday, Thai officials introduced a new initiative allowing tourists to spend their mandatory two-week quarantine period aboard a yacht. Earlier this year in January, visitors were allowed to ‘quarantine’ in golfing resorts, but now the government’s Digital Economy Promotion Agency also reports that yachts are suitable quarantine vehicles too. Growth in Asia Compared to …