Half Year Scrapping Round Up

The first half of 2019 saw 201 cargo vessels sold for demolition (sum 2 million tonnes) 75% were scrapped at either Bangladesh or India, with Bangladesh receiving the majority share. Scrapping numbers were down c.18% compared to the first half of 2018. This is a knock on effect from the collapse of the Brumadinho dam …

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Record Low Newbuild Orders Placed in Q2 2019

Newbuilding orders dropped to record lows in Q2 2019. Our Head Cargo Analyst, Olivia Watkins, reviews which yards have received orders and and which vessel types have been popular purchases.  Bulkers The total number of Bulker newbuild orders is down 73% for the first half of 2019 compared to the same period in 2018. So far …

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Record Low Newbuild Orders Placed in Q2 2019

Newbuilding orders dropped to record lows in Q2 2019. VesselsValue’s Head Cargo Analyst, Olivia Watkins, reviews which yards have received orders and and which vessel types have been popular purchases. Bulkers The total number of Bulker newbuild orders is down 73% for the first half of 2019 compared to the same period in 2018. So …

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Splashing the cash: Norway’s Biggest Spenders Over the Last Years

Norway 2019 is a very different place compared to a few years ago. However, many of the nation’s shipping and offshore industries have achieved sustained growth through some of the most turbulent times ever faced. Since the last Nor-Shipping in 2017, the number of Norwegian companies owning vessels has increased from 205 to 238. The …

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Singapore Dominates Maritime Industry in SE Asia

To celebrate Singapore Maritime week, we’ve created an infographic looking at the shipping market in South East Asia. Our Offshore Analyst Zheng Yang Cheng, who grew up watching Singapore transform and is based in our Singapore HQ, looks at how the country compares to the rest of South East Asia. Maintaining its strong position as …

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Singapore Dominates Maritime Industry in SE Asia

Maintaining its strong position as the leader of the maritime industry in South East Asia, Singapore does not disappoint. Singaporean Eastern Pacific Shipping came in first as the largest shipowners by market value in the South East Asian region. The Singapore flag, with its strict adherence to international environmental and safety record and government policies …

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