Container values strengthen after post-boom decline
Container values have risen significantly across almost all sectors and age categories since the start of the year. This follows an extended period of decline, where values fell steadily after reaching a record peak during the Container boom at the end of Q1 2022. However, since January 2024, values have taken a turn in the …
Shipping Market Outlook: Q2 2024 Forecast
Overview There are several elements of unpredictability affecting our shipping market forecasts for the second quarter of 2024. The Chinese economy’s recovery currently teeters on instability, casting a shadow of uncertainty over the industry due to China’s pivotal role as a major demand driver. Elevated interest rates in Western economies heighten the risk of a …
Bulker values increase by nearly 50% in one year
Dry bulk values increase as Capesize earnings reach the highest seasonal levels since 2010 Values increase Values for Bulkers have been going from strength to strength this year, up across all ages and size categories, notably in the Capesize and Supramax sectors. In the Capesize sector, values for 20 YO vessels of 180,000 DWT have …
Top 10 Shipowning Nations by Total Asset Value for 2024
Utilizing the VesselsValue database, we’ve reviewed the total asset values for vessels by beneficial owner country to determine this year’s top 10 shipowning nations. From Japan’s resolute leadership in the top position with a USD 206.3 billion fleet, to the emergence of Hong Kong at USD 44.7 billion, the asset values and ownership strategies have …
Bulker Market Resilient After Lunar New Year
As stakeholders navigated numerous variables over the start to 2024, including global economics and shipping route disruptions, the Bulker market remains dynamic and responsive to evolving trends and challenges. Bulker earnings reached their zenith in December but have since experienced a customary seasonal dip. However, despite the current decline, earnings continue to stand at historically …
Car Carrier Sector Ripe for Consolidation,$150k per day Rates Remain a Possibility
Car Carrier Sector Ripe for Consolidation,$150k per day Rates Remain a Possibility. according to VesselsValue.
63% South Korean orderbook being fitted with dual fuel engines
South Korean Orderbook Analysis To mark the start of the KOBC and Marine Money conferences in South Korea, we take a look at the South Korean orderbook, using VesselsValue data. The infographic analyses the breakdown of vessels on order in South Korea, the top ordering nations, the key companies investing in South Korean newbuildings, the …
Shipping Markets Outlook – End Q3 2023 Forecast Values
End Q3 2023 Shipping Market Outlook, covering tanker, bulker, container and gas subtypes
Container values and earnings fall to lowest levels since 2021
Container values and earnings fall to lowest levels since 2021. Fixture of 17 year old Xiamen to ONE at 18,000 USD/Day is approx 2,000 USD/Day below the yearly average for classic Panamax assets