Newbuild orders hit record lows

VesselsValue published an article about newbuild orders in the second quarter of 2019. The results are disappointing, as newbuilding orders hit record lows in Q2 2019.

VesselsValue Head Cargo Analyst, Olivia Watkins, reviews which yards have received orders and which vessel types have been popular purchases.

Containers

The Container sector shows declining trend as the rest of the cargo sector for newbuilds. Orders for the first half of 2019 were down a significant 49% compared to same months in...

https://container-news.com/newbuild-orders-hit-record-lows/

VesselsValue: 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 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 this year, Panamaxes have been the most popular size to order with an interesting order placed by Klaveness Combination carriers for two Panamax CABUs (83,600 DWT, 2020,...

https://www.marineinsight.com/shipping-news/vesselsvalue-record-low-newbuild-orders-placed-in-q2-2019/

VesselsValue’s New Automated Service Shows Available Vessels For Cargo Pick-Up In Real-Time

VesselsValue launches Position List

VV’s automated Position List allows users to see which vessels are available to pick up cargo at any global location with the click of a button. The service complements the traditional position list through providing an alternative and instant, objective and data-driven view of candidate’s vessels, competition and availability, all with deep supporting data.

It also helps users understand localised vessel supply to help in negotiation, rate prediction and related decision making.

How does it work?

https://www.marineinsight.com/shipping-news/vesselsvalues-new-automated-service-shows-available-vessels-for-cargo-pick-up-in-real-time/

Greece #1 In 2019’s Global Fleet Value Rankings – VesselsValue

2019 top 10 global fleet values

#1 Greece

The Greek fleet has increased its total value by over USD 5 billion in one year. This is the second biggest increase in value for any of the top 10 shipping nations. The total asset value of the Greek owned fleet has topped USD 100 billion, a significant milestone.

The increased fortune comes from growth in LNG ordering and a Tanker value uptick. Greece has moved into pole position as owning the highest valued LNG fleet in the world, up from USD 13 billion at the start of 2018 to USD...

https://www.marineinsight.com/shipping-news/greece-1-in-2019s-global-fleet-value-rankings-vesselsvalue/