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The Trumpet – VesselsValue.com 11 Feb. 2015

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The Trumpet 24092014

Wednesday 11 February 2015
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Adrian Economakis, Strategy Director, at Redhook, NY over the weekend. Read about Momchil Zhelev, one of VV’s Data Researchers, who recently took a trip to the IMO.
Test VesselsValue.com’s accuracy by checking the VV price the day before the sale. As a data driven software with constant market feedback, we can regularly test our accuracy to see the accuracy percentage of our valuations. Shown above: the recent sale of the HF Pioneer, a 20, 000 DWT Small Chemical Tanker, sold for $25.25 million. The previous day VV valued it at $26.40 million, giving +4% error margin.Click here to see our accuracy report.
VV in the Press: HANSA MagazineVesslesValue.com data was recently used in the HANSA International Maritime Magazine –Arctic Shipping: Rising Niche

Top 5 Biggest Deals 2014 – Change in figures

VesselsValue.com wrongly stated the Eastern Pacific Deal had a lower % increase. This has been corrected to 41.7% increase.

Seasure’s Demolition Report

Seasure Shipping’s weekly demolition report looks at individual ships scrapped, LDT/$ fluctuations and demolition trends within the bulker, tanker and container industries.

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VV Market Round UpIn the tanker market VLCC values have climbed this week following the sale the of theGC Haikou 298, 600 DWT ’00 blt Hitachi for USD 31 million. Across the rest of the sector values have remained stable. In the bulker market values have continued to fall across the board. Older supramax values saw the biggest movement last week as a result of off market negotiations and a falling spot rate.Panamax container values have seen some movement this week following a rise in the spot rate. In the smaller containers, feedermax values have remained stable following the sale of the Jessica B 660 TEU ’00 blt Sietas for USD 2.1 Million. Older values have fallen across all sectors following a drop in scrap price.

Read our weekly round ups here

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