Tag Archive For "Containers"
Market Chat: Container Newbuilding Values Increase c.52% YoY
Values for Container newbuildings are currently at an all-time high. For example, New Panamax newbuilding values for vessels of 15,000 TEU have continued to rise since the start of the year and are currently at USD 210.50 mil, compared to USD 158.52 mil this time last year; this is an increase of c.33% year-on-year. In …
Greek Speculative S&P Investments
In a decade defined by volatile markets and seismic shifts in shipping dynamics, Greek shipowners have taken bold investment stances that could shape the future of global trade. Dan Nash, Associate Director of Valuations & Analytics at Veson, explores the speculative bets made by Greece’s maritime giants and explores a critical question: what’s driving these …
Shipping Market Outlook: Q4 2024 Forecast
Overview The forecast period up to 2027 suggests a mixed outlook across different vessel types. We anticipate that orders for Bulkers and Tankers will gain momentum, while demand for Containers and LNG/LPG vessels will decline. Despite the expected rise in Bulker and Tanker orders, the overall orderbook will likely shrink due to a surge in …
Container Ship Orders Reach Two-year High
57 newbuilding orders were placed for Container vessels in July 2024, with orders for that month alone outpacing the 40 contracts inked in the first six months of the year. New Container orders for July 2024 represent the highest number of orders since June 2022 where 65 were placed. Singaporean owners were the most …
2024 Half Year Review: Containers
This container half year review is one of a series of reports providing a summary analysis of the first half of 2024 in the tanker, bulker, offshore, and LNG / LPG sectors. In each, we explore three areas: the newbuild market, second-hand sale and purchase activities, and demolition trends. Combining Veson’s extensive datasets with many …
Dual-Fuel Fleet Additions Continue to Rise
Owners are shifting to dual-fuel systems in order to achieve net-zero emissions and comply with current environmental standards in the maritime sector. Using the Fleet Database feature of the VesselsValue platform, we examined the annual deliveries of dual-fuel vessels since 2018, broken down by the following sectors: Bulkers, Tankers, and Containers. Fleet Database’s smart search …
Shipping Market Outlook: Q3 2024 Forecast
Overview The Houthi attacks in the Bab Al Mandeb strait and the subsequent rerouting around the Capes has supported all the different shipping markets to varying degrees. The highly unpredictable nature of the Houthis creates a lot of uncertainty, as a sudden cessation of attacks carries a lot of downside risk for shipping, while a …
Market Chat: 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 …
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 …