Introduction In today’s carbonised economy, where millions of barrels of oil are consumed daily, the transportation of fuel is a crucial cog in the world’s energy consumption. With such large quantities required globally, the oceans are the most cost effective route for moving this cargo to areas that do not have rich natural reserves of …

Container activity in UAE ports is booming. Tankers are showing signs of recovery. This article will use our Trade data to assess how trade routes in and out of the UAE have grown over time, as well as assess the impact Covid-19 has had on specific ports across the Container and Tanker sectors. The UAE …

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 …

We have just broken into the passenger ship market with the launch of automated valuations, data and satellite intelligence for Cruise ships. This comes at a time when Cruise ships are very much under the microscope due to the global outbreak of COVID-19. The global Cruise fleet consists of 483 vessels with an aggregate value …

Overview After a positive autumn and winter, recent events have resulted in an increasingly pessimistic short term outlook for the Tanker market. In short, factors contributing to supply growth and demand constriction have combined to bring down Tanker rates. The Past Last summer, the US put sanctions on a number of Chinese Tanker owners. Due …

The end of the year is the perfect time for reflection, so we at VV are taking this opportunity to look back on the biggest and most valuable deals of 2019 in the Cargo and Offshore sectors. Newbuild Orders The most valuable single vessel ordered this year was by Awilco Drilling who ordered a Semi …

VesselsValue has just added Containers to the list of vessels covered by their Trade module. This means that users can now analyse cargo mile demand and see underlying vessel journeys and stoppages for the global fleet of Containerships. Adrian Economakis, COO, looks at key data to determine which are the most attractive segments for owners …

Market The main story for 2018/19 has been the positive developments in the large LNG sector, which we are expecting to continue throughout the rest of 2019 into 2020. This is being driven by increasing demand as more countries prioritise LNG as an energy source, replacing oil and coal, combined with increasing supply as more …