VesselsValue.com – The Trumpet 13 May 2015

Associations, Communication, Markets, Press and Media, Shipping Indices — By on May 13, 2015 at 2:25 PM

The Trumpet 24092014

 

Wednesday 13 May 2015
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The VV team checking out the new office space in Hammersmith, moving out of leafy Chiswick in June Shipping Data Researchers Mark Butcher and Graham Close completed the 26.5 mile Walk the Wight last weekend
Less than two weeks until the 11th Mare Forum Italy 2015  (Thursday 21 May 2015) which takes place at the Radisson Blu Hotel in Rome.As of today many high level executives from the following top companies have already registered and confirmed their attendance, including VesselsValue.com. Click here to read the entire list
VV in the Press: Women in BusinessGeorgina Gavin was interviewed for a series of interviews with Inspiring Women for Women in Business: Georgina Gavin, Sales and Marketing Director, VesselValue.com UK

Total dry bulk tonnage able to pass through widened Panama canal

Plans to widen the panama canal will allow vessels with an increased the beam size to pass through, from 34m to 49m. Focusing only on the bulker fleet, we used VV+ to see how many more vessels of the current live fleet will be able to traverse the canal and what proportion this represented in dwt…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: Vice President of Accounting and Finance

One of our clients, an expanding manning agency with strong ties within the international shipping community, is looking for an experienced finance professional to join their leadership team as Vice President of Accounting and Finance.

Fall in container demo ratesIn the bulker market this week there have been a number of sales resulting in a fall in values. The sale of the Blue Everest 180, 100 DWT ’10 blt  Daehan for USD 27 million has resulted in a large fall in the capesize values. Supramax values have fallen slightly following the sales of the CMB Jialing 55, 100 DWT blt ’10 Nantong Cosco for USD 13.6 million and the Front Runner 56, 000 DWT blt ’09 Mitsui Tamano for USD 14.2 million.In the tanker market values have remained steady. A couple of notable sales were the two en bloc MR sales the Marlin Ametrine andMarlin Amber 50, 000 DWT blt ’15 Guangzhou for USD 35.5 including a 3 year back time charter at USD 17, 000 p.d. and the sale of theMaersk Caitlin and Maersk Catherine 44, 900 DWT ’97 blt Halla for usd 7.8 million.Values have also steadied this week in the container market following the sale of theHonest 2, 846 TEU ’07 blt STX for USD 15.5 million. The sale of the Jan S 1, 906 TEU ’96 blt Wadan Yard for USD 3.6 million has resulted in in a fall in older handy container values. Across the board older vessels have dropped in value due to the fall in demolition rates.

Read more of our Weekly Valuation 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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