The Cruise industry’s COVID-19 crisis: how bad is it really?
Overview At VesselsValue, our Trade platform allows us to measure demand for vessels through applying algorithms and analysis to satellite and terrestrial AIS vessel location data. This provides us with objective, real-time and historical data on Cruise ship activity, including stoppages, journeys and demand trends, at vessel, fleet and global level. On the 3rd February …
Superyacht Values Launched
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 …
Quarterly Forecast for Cargo Vessels: Summer 2020
Overview Uncertainties surrounding the coronavirus outbreak, the trade war and volatility in oil prices are governing business decisions being made in 2020. Shipyard demand will likely encounter a further blow given the vast disruptions to economic growth and trade globally and delays to scrubber retrofits have already been seen and are expected to continue. Containment …
Dude, where’s my car?
VesselsValue has just added Vehicle Carriers to the list of vessels covered by their Trade module. “Our Vehicle Carrier trade service provides real time data on vessel demand and trade flows. It is built up from the vessel, journey and port terminal level for each day, and history to 2013. This allows our clients to …
Cruise Ships
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 …
Coronavirus effects on the Clean Tanker Market
During last week’s IP Week 2020, Coronavirus and its effects on global GDP, trade, demand and the oil price are unsurprisingly a major talking point. So what does real-time seaborne trade flow data show? The data covers the laden movements of clean tankers (MR1s to LR3s) measured on ton miles to take into account distances …
Tanker Market
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 …