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The Trumpet 24092014

Wednesday 25 March 2015
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A bit of a squeeze! Enormous cruise ship Anthem of the Seas turning in Hafen City Hamburg Navy warship USS Theodore Roosevelt spotted in the Solent by IOW office
VesselsValue.com has launched a new module to add to the VV@ tool box: Zone Alerts.The unique VV@ Zone Alerts allows our clients to select different regions, including the trading waters 14 miles outside a country or clients can draw their own zones. Alerts also come pre-set with all US sanctioned zones.

Register here for a full demonstration of all of our VV@ services

VV in the Press: TradewindsVesslesValue.com’s Paddy Stern, Business Development UK and Northern Europe,  was recently quoted in Tradewinds – New vessel tracking service keeps money men up to date

New vessel types available in VV@ and VV+

You can now map/track/sort/set alerts against following ship types:

•         Small Dry – including MPPs
•         Vehicle Carriers
•         RoRos
•         Reefers
•         Heavy Lift Vessels
•         Other specialised

All ship types come as standard with any VV@ or VV+ package

Read Isle of Wight Analyst Momchil Zhelev’s Trumpet post on the main car trade routes on VV@

Seasure’s Demolition Report

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

Click here to register for the full report, which comes out every Wednesday.

Job of the Week

See Spinnaker’s Job of the Week: MD Shipowner / Investment Plan, UK

This is a life-changing opportunity for an entrepreneurial shipping executive. If you have the right vision, there is no limit to the ambition of the main backers and board of directors.

Slight uplift in modern tankersThere have been a number of sales in the bulker market over the last week with the biggest movement happening in the supra and handy sectors with older tonnage values dropping off. In the supra sector the CS Rainbow 55, 700 DWT ’06 blt Mitsui Tamano sold for USD 11.25 million, slightly below last done. In the handymax market the Bay Ranger 43, 100 DWT ’95 blt Oshima and the Ramada Queen 46, 400 DWT ’05 blt Oshima both sold at below market prices at USD 4.6 million and USD 8.65 million, respectively, causing a fall in values. There has been a firming of modern panamax values following the sale of the SBI Merengue 81, 600 DWT ’15 blt Tsuneishi Zhoushan, which sold for USD 27 million.

Over the last week the main activity in the tanker market has been in the MR sector with a number of sales. The Nord Strong and Stability 50, 000 DWT ’13 blt STX sold en bloc for USD 36.5 million and the Eships Sama 45, 800 DWT ’05 blt Shin Kurushima sold special survey due for USD 14.5 million. This has resulted in a slight uplift in values for modern tonnage.

In the container market values have remained stable. This week the YM New Jersey and YM Los Angeles 4, 900 TEU ’06 blt Koyo Dock have been reported sold for USD 21.5 million each with a 6 month time charter at USD 21, 000 per day attached, including a 2 year option.

Read our previous weekly round ups here

Isle of Wight Office’s Newest Researcher

IT Manager Josh Jeffries’ first baby Isabella Heather Jeffries was born 11.20pm on 23rd March. Everyone is very excited to welcome her to the team!

Your Weekly Seasure S&P Report!

Register for the Seasure Blue Report to see the total sales for last week, comparing the VesselsValue.com online valuation to the sale price. 2014 ytd S&P trends are also included.

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