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VesselsValue: Tankers Offer the Most Promising Investment

Shipping

VesselsValue: Value investors still have plenty of opportunities to buy prime aged assets at a discount.

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Enthusiasm for New Ship Orders Started to Wane

VesselsValue: Enthusiasm for ship orders has started to wane after over USD 10 billion were committed in 1Q of 2018.

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Favorable Tailwinds to Push Price of Prime Aged Ships Up

Tanker

VesselsValue: The expected performance of a fixed age five-year-old asset is expected to rise over the next two years.

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Greece Operates a Fleet Valued at USD 99.8 Bn

Greek Flag

Greek ship owners expanded their control of the world fleet and today operate a fleet valued at USD 99.8 billion.

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Report: Norden Buys Two Secondhand Tankers

Norden vessel

Dampskibsselskabet Norden has expanded its fleet with two MR2 tankers, according to VesselsValue.

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Bumper Delivery Year for Lion City Owners

Singapore

Singapore-based owners are set to take delivery of the highest number of vessels on record yet.

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VLCC Scrapping in Q1 Breaks Last Year’s Total

2018 is off to a great start when it comes to removing of outdated tanker tonnage from the oversupplied fleet.

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Dry Bulkers Worth More than Tankers and Boxships

The dry bulk fleet is now worth more than the combined value of the tanker fleet, leapfrogging containerships as well.

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Tanker Owners to Benefit from High Scrapping, Consolidation

High scrapping and market consolidation are expected to contribute to better returns for tanker owners.

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Infographic: Top 10 Global Fleets Worth USD 516 Bn

Greece remains on the throne of the top shipowning nations by value whose combined fleet is worth USD 516 billion.

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Chinese Owners Take the Lead in VLCC Market

VesselsValue: Chinese companies dominate the ownership of very large crude carriers.

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Value of 15-Year-Old Handysize Bulkers to Rise by 33 Pct

Three second-hand vessel types are expected to see a considerable increase in value over the coming year.

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US Firms Buy Most Auction/Bank Sale Ships in 2017

2017 has seen US owners top the list of buyers of distressed tonnage, snapping up vessels sold at bank sales and at ...

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Half of 2017 Orderbook Still to Be Delivered

The shipbuilding industry has handed over only a half of the 2,440 vessels which have deliveries dates scheduled ...

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Tanker Owners Get a Breather as Scrapping Ramps Up in Q3

The third quarter of 2017 saw the highest level of total tanker deadweight tons (DWT) sold for scrap in any quarter ...

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Bulker Ordering Frenzy: 110 Bulkers Ordered Since July

Since the beginning of the second half of this year, shipowners have ramped up dry bulk ordering, bringing the ...

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Newbuilding Orders Plunge in H1 2017

Although newbuilding orders for tanker and bulkers increased during the first half of 2017, the overall number of ...

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Report: Golden Ocean to Sell 7-Year-Old Capesize

Nasdaq-listed dry bulk shipping company Golden Ocean Group Limited has reached an agreement to sell its Capesize ...

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VV: Greece Takes the Lead in Newbuilding Orders

Greek shipowners placed the highest number of newbuilding orders so far this year, as these companies ordered a ...

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VV: Newbuilding Orders Drop in April

Twenty-one new ships were ordered on a global level during the month of April, according to a monthly market report ...

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VLCC, Suezmax Fleet Sees Less Ton Miles in Q1

The global very large crude carrier (VLCC) and Suezmax fleet completed 4.6% less ton miles during the first quarter ...

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