Please note, November 2021 total fleet values in the Top 10 Ship Owning Nations & Regions include the vessel types covered by VesselsValue: Bulker, Tanker, Container, Reefer, Small Dry, LNG, LPG, Vehicle Carriers, RoRo, Cruise, OSV, OCV, MODU and CTV. Download the full infographic China China has moved up from 2nd in January to 1st …

Introduction Since the end of H1, there have been 163 cargo vessels sold for demolition, a 4.5% increase on the same period in 2020 when 145 vessels were scrapped, and a 63% increase from 2019 when only 100 vessels were scrapped. These vessels had a combined DWT of 6.3 mil and a minimum combined scrap …

Introduction Vessel and port congestion levels in 2021 so far have been unprecedented, significantly impacting capacity in the Container and Bulker sectors and disrupting global supply chains. Global shipping congestion in 2021 has been profound in many ways. From Covid-19 related port disruptions, the continuation of the China/Australia Trade war causing long term delays off …

Ten years after we launched our online Maritime asset valuations and market information services, we’ve now expanded coverage into commercial passenger aircraft. “Similar to what we did in Shipping ten years ago, we are the first to bring a daily updated, truly automated valuation model (AVM) to the Aviation market.” – Richard Rivlin, Founder and …

Global supply chain issues are threatening Christmas deliveries to retailers, as we’ve seen sustained port congestion in the US, and now parts of the UK. It continues to disrupt shipping lines and the movement of goods worldwide. We have seen congestion ease in major Chinese Container ports such as Ningbo, with the number of vessels …

In order to accurately value an asset, it’s important to maintain a bird’s eye, holistic view of the marketplace in which the asset is a member. This piece considers both the VesselsValue overview and some statistics from Yachting Pages. Considering the secondhand marketplace, VesselsValue currently reports on the four interconnected pillars: supply, demand, price level, …

Asset Price Inflation Newbuild spend for Vehicle Carriers (LCTCs / PCTCs / PCCs) smashed past $3.2 billion last week, following big volume orders from Eastern Pacific and Zodiac. An astonishing amount of money for a niche sector, exceeding the previous 6 years total combined. If we include options, a whopping $4.4 billion has been agreed …

Introduction The marine insurance market has always been able to adjust to the vagaries of supply and demand. Never has it been more tested than now. With renewal discussions only weeks away, the market must consider high profile losses such as ‘Evergiven’ and ‘X-Press Pearl’, powerful new entrants to the market, and volatility in ship …

Introduction The first half of 2021 saw 275 Cargo vessels sold for scrap, up 40% and 33% compared to 2020 and 2019, respectively. The 275 scrapped vessels have a combined DWT of 11.9 mil and a total scrap value of over USD 1 bil. 131 tankers were scrapped, accounting for nearly half of all cargo …

Introduction The first half of 2021 saw 275 Cargo vessels sold for scrap, up 40% and 33% compared to 2020 and 2019, respectively. The 275 scrapped vessels have a combined DWT of 11.9 mil and a total scrap value of over USD 1 bil. 131 tankers were scrapped, accounting for nearly half of all cargo …