Category Archive For "All"
Half Year Round Up – Trade
So far, 2020 has been an unsettling and volatile year for the shipping industry as a whole, particularly related to the effects of the COVID-19 pandemic. Very early on, 2020 was looking to be a positive year for many routes and sectors, but this was short lived as COVID-19 quickly disrupted the global supply chain. …
Human vs Machine: Can an algorithm value a Superyacht?
In this video, VesselsValue’s Head of Superyachts, Sam Tucker, takes us behind the scenes of our new product, Superyacht Values, for a brief overview of how it works.
The Cruise industry’s COVID-19 crisis: how bad is it really?
Overview At VesselsValue, our Trade platform allows us to measure demand for vessels through applying algorithms and analysis to satellite and terrestrial AIS vessel location data. This provides us with objective, real-time and historical data on Cruise ship activity, including stoppages, journeys and demand trends, at vessel, fleet and global level. On the 3rd February …
Half year review – demolition
Overview Heading into March 2020 the recycling market had made significant ground and was looking strong. However, the COVID-19 pandemic hit hard and fast, crashing local steel plate prices and forcing tight restrictions, which in turn, for the first time led to yard lockdowns. The first 8 weeks of 2020 saw 67 vessels scrapped, this …
Half year review – vessel values and S&P activity
Bulkers Value Analysis The COVID-19 pandemic has had a dramatic effect on the Bulker sector causing a deterioration in rates, values and number of second-hand transactions. Capesize Bulkers have been the worst affected, primarily as China is the major epicentre of Capesize trade. In the early part of the year, imports into China were near historical lows …
Decisions + Data + Algorithms
Being successful in the shipping markets is a never ending, complicated and risky challenge. Owners, investors, lenders, charterers and traders financially thrive or suffer by the quality of their decisions. Amazon CEO, Jeff Bezos, has openly stated that he aims to only make three good decisions in a day. Further to that, these decisions should …
Offshore & COVID-19
Offshore industry: The game is rigged
Shipping State – Singapore
Whether you are involved in shipping or not, the city state of Singapore makes it hard to ignore. If you happen to find yourself in one of the city’s many sea view establishments or simply indulging in some R&R at the beach on the weekend, shipping is an obvious ever-present part of Singapore’s landscape. The …
Superyacht Values Launched
VesselsValue brings transparency to a traditionally opaque market with automated Superyacht values London based online valuation and data provider, VessesValue Ltd, have today launched their automated valuation platform for Superyachts, an industry first. The company who already have deep roots in the maritime industry have gone live with daily updated current and historical values back …
Quarterly Forecast for Cargo Vessels: Summer 2020
Overview Uncertainties surrounding the coronavirus outbreak, the trade war and volatility in oil prices are governing business decisions being made in 2020. Shipyard demand will likely encounter a further blow given the vast disruptions to economic growth and trade globally and delays to scrubber retrofits have already been seen and are expected to continue. Containment …