Top Five Panamax Bulker Trade Routes

Due to the tendency of trade routes to change pushing demand somewhere else, VesselsValue has put together a report showing the current state of affairs at the top 5 Panamax Bulker trade routes based on the total ton miles moved.

BIMCO: January Tanker Deliveries at a Record High

Crude oil tanker deliveries reached a record high in January as 5.5 million dwt of the capacity entered the fleet so far this year, representing an increase of 220% from January 2016, BIMCO said citing preliminary data from VesselsValue.

Infographic: Top 10 Shipowning Nations

The shipping industry sailed through difficult times during 2016, and today we take a look at how these conditions influenced the shipowners through an infographic showing the top 10 shipowning nations by value (USD million), provided by VesselsValue.

Hanjin’s Panamax Quartet Sold for USD 22.4 Mn

Four of Hanjin Shipping’s 4,275 TEU containerships were sold to South Korean company Korea Marine Transport Co (KMTC) for a price of USD 22.4 million, according to data provided by VesselsValue.

VV: Top Five Consolidated Container Fleets Worth USD 33.4 Bn

The top five consolidated container fleets are currently worth USD 33.4 billion and account for 33% of the entire container fleet, according to the latest data provided by VesselsValue.

Mercator Limited Sells Two Panamax Bulkers

Mumbai-based company Mercator Limited has decided to sell two of its Panamax bulk carriers for a total of USD 13.2 million, according to data provided by VesselsValue.

Tufton Oceanic Buys Six Second-Hand Ships

UK’s fund management company Tufton Oceanic has added two Handy bulk carriers, purchased from US-based Apex Bulk Carriers LLC for a total of USD 19.5 million, according to data provided by VesselsValue.