Category Archive For "All"
Half Year S&P Review
Bulker A total of 204 bulkers have been sold since the beginning of 2019, interestingly however only 6 of these have been Capesize Bulkers. During a period of 4 months from December – April, no Capesize sales were concluded. This break of 106 days had never been seen in the market before. The lack of …
CSSC and CSIC Merger Intentions
This week the two largest Chinese shipbuilding groups China State Shipbuilding Corporation and China Shipbuilding Industry Corporation announced their intention to merge. If combined the Chinese mega yard’s orderbook will become the largest in the world when measured by number number of orders, dominating Capesize newbuilding orders. Currently there are 205 Capesize vessels on order, …
Record Low Newbuild Orders Placed in Q2 2019
Newbuilding orders dropped to record lows in Q2 2019. Our Head Cargo Analyst, Olivia Watkins, reviews which yards have received orders and and which vessel types have been popular purchases. Bulkers The total number of Bulker newbuild orders is down 73% for the first half of 2019 compared to the same period in 2018. So far …
Record Low Newbuild Orders Placed in Q2 2019
Newbuilding orders dropped to record lows in Q2 2019. VesselsValue’s Head Cargo Analyst, Olivia Watkins, reviews which yards have received orders and and which vessel types have been popular purchases. Bulkers The total number of Bulker newbuild orders is down 73% for the first half of 2019 compared to the same period in 2018. So …
A Potential War with Iran and the Impact on Trade
A wider conflict with Iran would be negative for most types of ships and for the oil markets in general. Fewer ships will transit the Straits of Hormuz. The following analysis focuses on VLCCs, which lift most of the crude cargo volumes out of the Arabian Gulf. A Look at History In the tanker war …
The Future of Japanese Renewables
Offshore renewables in Japan are about to receive a significant boost after a bill was passed by the Japanese government last November allowing wind farms to operate inside national territorial waters for the next 30 years. Since the March 2011 Fukushima Daiichi nuclear disaster, which was caused by the Tohoku earthquake and subsequent tsunami, Japan …
Splashing the cash: Who are Norway’s biggest spenders since Nor Shipping 2017?
With just days to go before the maritime industry descends on Oslo for Nor-Shipping, we’ve taken a look at Norway’s biggest spenders. Norway 2019 is a very different place compared to a few years ago. However, many of the nation’s shipping and Offshore industries have achieved sustained growth through some of the most turbulent times …
Splashing the cash: Norway’s Biggest Spenders Over the Last Years
Norway 2019 is a very different place compared to a few years ago. However, many of the nation’s shipping and offshore industries have achieved sustained growth through some of the most turbulent times ever faced. Since the last Nor-Shipping in 2017, the number of Norwegian companies owning vessels has increased from 205 to 238. The …
VLCCs vs Aframaxes: Which is in a better position?
This month we joined industry professionals at the 4th Capital Link International Shipping Forum in Shanghai, where our Head of Singapore Charlie Hockless spoke on ‘Opportunities & Risk: Signals in the Noise – Taking a look at the key data’. In our latest blog post we take a look at Charlie’s findings on opportunities and …
Happy Birthday to Us!
With VV turning eight today, we sat down with our CEO and Founder, Richard Rivlin, to hear his thoughts on how VV has evolved since our launch on the 13th May 2011. Q1. How did it all start? “I have always been interested in harnessing the power of technology to help the broker work more efficiently. …