Tag Archive For "Bulkers"
Capesize sales equal record highs
Greek buyers have been the most active in this sector, accounting for c.29% of sales reported this year Although overall Bulker sales have been more moderate so far this year, the volume of Capesize sales has been moving in the opposite direction to the rest of the sector with sales up there next to the …
Top 10 tanker buyers spend USD 3.66 billion, double top 10 bulker buyers YTD ’23
Golden Ocean Group and Scorpio Tankers spend USD 1.1 billion in 2023 on second hand vessels The top two biggest spenders on second hand bulkers and tankers so far in 2023 have already spend over USD 1.1 billion together. So far the top 10 biggest spenders on second hand bulkers have spent a collective USD …
The Vicious Cycle
The shipping markets are classically cyclical, but with extreme volatility. In fact, bulkers and tankers probably have the highest volatility of any major hard asset. The reason for this volatility is due to two main elements: the behaviour of shipowners and investors, and the relatively long build times and working lives of vessels. Effectively, what …
Handy Bulker Values to Rise Over 30% by End of 2020: Quarterly Forecast for Cargo Vessels
We have partnered with Oslo based shipping consultancy firm ViaMar to provide Forecasted Market values for each individual vessel in the Tanker, Bulker, Container and LPG fleet. Forecasted Market Values are quarterly forecasts for individual vessels provided until the end of their predicted economic life. Overall The US China trade war is still on, but …
Handy Bulker Values to Rise Over 30% by End of 2020: Quarterly Forecast for Cargo Vessels
We have partnered with Oslo based shipping consultancy firm ViaMar to provide Forecasted Market values for each individual vessel in the Tanker, Bulker, Container and LPG fleet. Forecasted Market Values are quarterly forecasts for individual vessels provided until the end of their predicted economic life. Overall The US China trade war is still on, but …
Half Year Values Round Up
Tankers The market trend for Tankers has been positive since the beginning of 2019. The recent purchase of a resale VLCC by SK Shipping for USD 98 mil is a 5 year high price achieved. Older VLCCs has been circulating the market recently and since the beginning of 2019 of the total 19 VLCC deals, …
Half Year S&P Review
Bulker A total of 204 bulkers have been sold since the beginning of 2019, interestingly however only 6 of these have been Capesize Bulkers. During a period of 4 months from December – April, no Capesize sales were concluded. This break of 106 days had never been seen in the market before. The lack of …
To 2019 and Beyond: Forecasted Bulker, Tanker, Container and LPG values
We have partnered with Oslo based shipping consultancy firm ViaMar AS to provide Future Market values for each individual vessel in the Tanker, Bulker, Container and LPG fleet. Future Market Values are quarterly predictions for individual vessels provided until the end of their predicted economic life. Bulkers It has been a tumultuous six months in the dry bulk …
To 2019 and Beyond: Forecasted Bulker, Tanker, Container and LPG Values
We have partnered with Oslo based shipping consultancy firm ViaMar to provide Future Market values for each individual vessel in the Tanker, Bulker, Container and LPG fleet. Future Market Values are quarterly predictions for individual vessels provided until the end of their predicted economic life. Bulkers It has been a tumultuous six months in the dry …
Capesize Values Under Pressure
VesselsValue data suggests the value of a generic fixed age 15 year old Capesize Bulker has fallen 20% from 1st November 2018 to USD 12.2 million today. By contrast, other valuers are quoting figures or estimated ranges 15-30% higher. Company Director Matthew Freeman says: “Whilst no sales have been concluded yet, there are a number …