To mark the start of the Lunar new year this week, we take a look at the Chinese newbuilding orderbook, using VesselsValue data. The infographic highlights the Chinese orderbook by top Chinese ordering companies and insight into the ships currently being built at Chinese yards. Of the top Chinese companies ordering vessels last year, China …

Since publishing our Top 10 Shipowning Nations in 2024, we’ve updated the latest rankings across the globe, showcasing total asset values of fleets—both live and on order—by beneficial owner country. From China overtaking Japan to achieve pole position with an impressive fleet valued at USD 255 bn to Switzerland’s notable entry at USD 68 bn, …

Overview The Houthi attacks in the Bab Al Mandeb strait and the subsequent re-routing around the capes has supported all the different shipping markets segments to varying degrees. The highly unpredictable nature of the Houthis creates a lot of uncertainty, as a sudden cessation of attacks carries a lot of downside risk for shipping, while …

2024 has been defined by significant activity across the maritime industry, with ongoing trends in newbuildings, sale and purchase transactions, and demolition levels defining the year. These dynamics have influenced the operational landscape, highlighting shifts in supply-demand balance, fleet modernization, and regulatory pressures.    Our End-of-Year Market Report is produced each year by Veson Nautical’s Maritime …

Bearish sentiment crept into the car carrier market in June after the European Union (EU) announced increased import tariffs for Chinese-made electric vehicles (EVs) up to as much as 45.3%. The EU tariffs, which came into play in November for a period of five years and were increased following an investigation into Chinese state subsidies …

Values for Container newbuildings are currently at an all-time high. For example, New Panamax newbuilding values for vessels of 15,000 TEU have continued to rise since the start of the year and are currently at USD 210.50 mil, compared to USD 158.52 mil this time last year; this is an increase of c.33% year-on-year. In …

In a decade defined by volatile markets and seismic shifts in shipping dynamics, Greek shipowners have taken bold investment stances that could shape the future of global trade. Dan Nash, Associate Director of Valuations & Analytics at Veson, explores the speculative bets made by Greece’s maritime giants and explores a critical question: what’s driving these …

Overview The forecast period up to 2027 suggests a mixed outlook across different vessel types. We anticipate that orders for Bulkers and Tankers will gain momentum, while demand for Containers and LNG/LPG vessels will decline. Despite the expected rise in Bulker and Tanker orders, the overall orderbook will likely shrink due to a surge in …

The Bulker sale and purchase market is back in full swing following the summer break. There have already been 12 sale and purchase transactions reported, compared to two over the whole month of August. During the same period last year, there were just eight Capesizes reportedly sold in September 2023, resulting in an increase of …