World Energy Reports estimate that more than 100 wind farm installation and maintenance vessels will be required over the next decade.
The ordering market for Containers is at historic highs. A total of 286 Containers were ordered in the first half of 2021. This is up an incredible 790% from H1 2020.
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.
The Container market has seen an unprecedented increase in rates since the end of 2020. Container 1 year TC rates have surged to extraordinarily new highs with 8,500 TEU values rising to a record 54,000 USD/day for April. This is an increase of 350% since June 2020. Throughout 2020 the market fell significantly from impacts […]
Flows of money were already pouring into sustainable funds prior to Garth Brooks rendition of Amazing Grace at “green president” Biden’s inauguration. Electric Vehicle maker Tesla increased its market cap by an astonishing USD 500 billion in 2020. It is now more valuable than the world’s top eight automakers combined, owing to cutting-edge lithium-ion battery […]
The UK Government’s £77.6 million freight contract agreement with leading RoRo Operators Stena Line, DFDS, Brittany Ferries, and P&O last month was deemed as “necessary to safeguard the smooth and successful flow of freight” as per Grant Shapps, Secretary of State for Transport.
London based online valuation and data provider, VessesValue Ltd, have today launched their automated valuation platform for Superyachts, an industry first.
The last five years have been one of the longest and most challenging downturns the offshore industry has ever experienced. Since the oil price drop of 2014/2015, the Offshore vessel market has been plagued by bankruptcies, consolidations, takeovers and mergers, forced fleet sales and most importantly a significant decrease in asset values. Values VesselsValue has […]
VesselsValue’s new Forecast Earnings module in partnership with ViaMar AS shows an optimistic outlook from mid-2020 across the Dry Bulk sector.