A Winter Write Up on the VLCC and LNG Markets

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 …

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Production Rates in a Pandemic

Using our VesselsValue data, we review how OEMs (Original Equipment Manufacturers) have managed aircraft production during the Covid-19 pandemic, specifically looking at Widebody and Narrowbody Passenger aircraft. Production rates are based on the number of aircraft delivered. Historically, when comparing the percentage of total by OEM, Airbus and Boeing have the majority share with between …

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Top 10 Ship Owning Nations & Regions

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 …

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Has Covid-19 been detrimental to the Widebody fleet?

Covid-19 has had a significant impact on travel, with flying being perhaps the most limited form for the past 2 years. Despite global travel slowly resuming and getting back to some form of normality, the impact of Covid-19 on the Aviation industry and specific types of aircraft is a slow recovery process. In this article, …

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2021 Port Congestion Report

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 …

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Introducing Aviation

New for the Aviation industry, introducing daily updated aircraft specific values. Since our launch in 2011, our mission has been to bring transparency, objectivity and innovation to opaque valuation and information markets.   For the last decade, we have been committed to helping you, our clients in the Shipping community improve your businesses, save time and …

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Superyacht Market Signals, VV and Yachting Pages

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, …

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Car Carrier asset prices move into the fast lane

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 …

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Half year review: Demolition

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 …

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Wind Farm Installation: Increased demand predicted in next decade

World Energy Reports estimate that more than 100 wind farm installation and maintenance vessels will be required over the next decade. This is due to the proliferation of Offshore wind farm projects planned for construction over the next 10 years. Last year, for the first time ever, Offshore renewable projects spending was higher than Offshore …

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