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Market Chat: Week 17

Using VesselsValue data, Rebecca Galanopoulos Jones, Senior Content Analyst, explores the trends in the Tanker and Bulker markets. You can read the full piece here. 

Surge in Panamax newbuilding orders

"There has been a surge in Panamax newbuilding orders in the first four months of 2023. So far this year there have been 61 orders placed, compared to just 13 for the same period in 2022, an increase of c.369%. The majority of these orders have ..."  Read more.

Values for 20YO VLCCs continue to firm

"Values for VLCCs have risen across all age categories since the start of the year. Due to a continued firming in spot rates, this time last year the TD3c-TCE – Middle East Gulf to China route was ..."  Read more.

About VesselsValue

VesselsValue Ltd. (VV) is a leading online valuation and market intelligence provider for the Aviation and Maritime industries. VV went live in 2011 and has 2,500 users and works with over 600 global companies including major banks, leasing companies, shipowners, investment funds, hedge funds, lawyers, advisors and government regulators. The company has nine offices globally including London, Singapore, Shanghai, Hong Kong, and Oslo, with over 230 employees.


VesselsValue’s mission is to bring transparency and objectivity to the Aviation and Maritime markets through a wide range of services. Data and market insights are available through online access, reports, API feeds and exports, including automated values, transactions and fleet data, as well as AIS and ADS-B derived mapping & tracking, demand, utilisation and trade and people flows.

Visit www.vesselsvalue.com for more information.

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