Home Associations Total Value $M ULCVs delivered 2009 – 2019

The Trumpet 24092014

Wednesday 8 April 2015
Generating 400, 000 valuations a year and rising.
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Happy Easter and καλό πάσχα from VesselsValue.com! Catch up with Ben Forbes, US Business Development Manager travelling to Moscow
VV Stats provides us with the total TEU and Value USD Millions of ULCV vessels which have been or will be delivered every year from 2009 – 2019.We can see that this year, 2015, will see the highest amount of tonnage being delivered with 844, 072 TEU expected to hit the water this year. The current market value for these live vessels and newbuild contracts currently stands at $7, 186 million.VV Stats comes free with all VV$ subscriptions. Register for a demonstration of our VV$ package.
VV in the Press: Seeking AlphaVesslesValue.com data was recently used in Lambros Papaeconomou’s article on Seeking Alpha – The NYFEX Report: Dryships Sells Its Suezmax And Aframax Fleets

Over- or under-capacity? Watching the rates rush in as the ships move out

Last week, Bloomberg reported a four-mile-long queue of VLCCs waiting to load Iraqi crude at Basra Oil Terminal in the Persian Gulf… Read More

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: Commercial and Planning Director- Qatar

Spinnaker Global is handling this client-facing role which requires a good negotiator with strong interpersonal skills. You’ll be leading commercial and strategic activities of an LNG fleet. Is this your perfect next move?

Demolition uplift on older vesselsBulkers: capsize and panamax values have been the biggest movers. In the panamax sector there have been a number of sales over the last week. The sales of the Unity Pride 81, 400 DWT ’11 blt  Hyundai Samho for USD 17.6 million and the Prabhu Mohini 81, 300 DWT ’11 blt Hyundai Heavy Industry for USD 17.20 million, have caused values to fall further this week. Off market negotiations for a 2000 blt cape have resulted in capsize values falling again this week.Across the board tanker values have softened slightly due to a weakening spot rate, with the only reported sale this week being the Cosmic Jewel 301, 000 DWT ’97 blt Mitsubishi HI which was sold for USD 25.5 million to conversion buyers.

Container values have seen a slight uplift over the last week as a result of an improving spot rate.

Demolition levels continue to firm resulting in uplifts on older vessels across the board.

Read our previous weekly round ups here

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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