Sam Tucker
in Insights & Analytics

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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Insurance market braces itself for post pandemic value changes

Introduction The marine insurance market has always been able to adjust to the vagaries of supply and demand. Never has it been more tested than now. With renewal discussions only weeks away, the market must consider high profile losses such as ‘Evergiven’ and ‘X-Press Pearl’, powerful new entrants to the market, and volatility in ship …

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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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Half year review: S&P and Values

Introduction 2021 to date has been one of the best years in recent memory for sale and purchase, with a rise in asset values experienced across most sectors. A combination of pent up demand following the easing of global Covid-19 restrictions and low asset values at the beginning of the year has led to a …

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Half year review: Trade

Introduction 2021 so far has been a ground breaking year for the shipping industry and global Trade flows, as the world recovers from the onset of the Covid pandemic last year. This half year review will use VesselsValue Trade data to delve into some of the reasons for the highs and lows of the last …

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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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RoRo Cargo Demand Drives S&P Transactions

After a slow start to 2021, there looks to be light at the end of the tunnel highlighted by P&O Ferries recent announcement to take back market leadership on the English Channel. Owned vessel THE PRIDE OF BURGUNDY (28,128gt, 1900 LM, 1420pax, March 1993, SSW Fahr) has become P&O’s fifth vessel on the Dover-Calais route …

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Small Dry: Demand bolstered by strong Container and Dry Bulk earnings

VesselsValue Trade data has been used to analyse current and historical demand in the Small Dry space. Demand indicators such as cargo miles, journey counts and speeds are derived from AIS through applying algorithms to the data, in order to see recent trends in the sector. This article will take a closer look at these …

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