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Sale & purchase report dated 27 July 2021

28 July 2021

The SnP activity has slowed down further this past week with a very low number of bulker and tanker units changing hands.  The weekly sale and purchase report by Intermodal Research & Valuations features secondhand sales market prices for crude oil- and oil product tankers, dry bulk carriers, container ships and gas tankers.  Secondhand asset values refer to Japan Blt vessels.

Demolition report dated 23 July 2021

28 July 2021

As the Bangladeshi market surpasses the previously unreachable threshold of USD 600/Ton, the supply of tonnage appears to have dried up once again as the summer / monsoon holiday months continue at pace (& Eid holidays conclude this week). The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.

New BIMCO/ICS Seafarer Workforce Report warns of serious potential officer shortage

28 July 2021

Launched today, the new Seafarer Workforce Report from BIMCO and the International Chamber of Shipping warns that the industry must significantly increase training and recruitment levels if it is to avoid a serious shortage in the total supply of officers by 2026. Given the growing demand for STCW certified officers, the Report predicts that there will be a need for an additional 89,510 officers by 2026 to operate the world merchant fleet. The report estimates that 1.89 million seafarers currently serve the world merchant fleet, operating over 74,000 vessels around the globe.

Sale & purchase report dated 20 July 2021

21 July 2021

The dry bulk and Tanker SnP activity remained close to the previous week's levels. We have witnessed a small uptick in dry bulk sales while only a handful of tanker units have changed hands. The weekly sale and purchase report by Intermodal Research & Valuations features secondhand sales market prices for crude oil- and oil product tankers, dry bulk carriers, container ships and gas tankers.  Secondhand asset values refer to Japan Blt vessels.

Newbuilding report dated 20 July 2021

21 July 2021

Appetite for new orders resumed on the newbuilding front, with another generous round of freshly-inked deals surfacing in the past days across the non-conventional sectors, while a good number of dry bulk orders was also present with Japanese owners being behind these contracts exclusively.  The weekly newbuilding report by Intermodal Research & Valuations feature, include newbuilding prices for dry bulk-, tanker- and gas shipping segments. Additionally, recent newbuilding orders are listed by units, type, size, yard, expected delivery date and price.

Sale & purchase report dated 13 July 2021

19 July 2021

Last week we witnessed a considerable slowdown in SnP activity, with only a handful of dry bulk and tanker deals materializing while no Container sales took place in the SnP realm. The weekly sale and purchase report by Intermodal Research & Valuations features secondhand sales market prices for crude oil- and oil product tankers, dry bulk carriers, container ships and gas tankers.  Secondhand asset values refer to Japan Blt vessels.

Sale & purchase report dated 6 July 2021

19 July 2021

Dry bulk and Container units continued to monopolize owners’ interest last week. On the dry bulk sector, geared sizes have attracted most of the interest while there was an increase of crude carriers deals albeit in low numbers for another week. The weekly sale and purchase report by Intermodal Research & Valuations features secondhand sales market prices for crude oil- and oil product tankers, dry bulk carriers, container ships and gas tankers.  Secondhand asset values refer to Japan Blt vessels.

Newbuilding report dated 13 July 2021

19 July 2021

The newbuilding market has seen a smaller number of contracts surfacing compared to the previous week while given the fact that we are already halfway through the summer season, a slowdown in acitivy is more or less expected.  The weekly newbuilding report by Intermodal Research & Valuations feature, include newbuilding prices for dry bulk-, tanker- and gas shipping segments. Additionally, recent newbuilding orders are listed by units, type, size, yard, expected delivery date and price.

Newbuilding report dated 6 July 2021

19 July 2021

The newbuilding market activity remains healthy for another week, with the owner’s interest focusing on the Container sector followed by a strong appetite for LNG units last week. Tanker and bulker units were the minority among the recent newbuilding orders, while no crude carrier contracts were materialized during the previous days.  The weekly newbuilding report by Intermodal Research & Valuations feature, include newbuilding prices for dry bulk-, tanker- and gas shipping segments. Additionally, recent newbuilding orders are listed by units, type, size, yard, expected delivery date and price.

Demolition report dated 16 July 2021

19 July 2021

Demo markets continue their upward trajectory this week and the USD 600/LDT barrier, as suspected last week, was indeed breached on a number of select units. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.