Using big data to analyse the global & USA market Charlie Hockless – Lead Analyst Offshore charliehockless@vesselsvalue.com
1 . VALUES Recent transactions & valuation trends
2 . FLEET ANALYSI S Global vs US fleet structure
3 . FLEET UTI LI SATI ON How AIS can help us
W HERE W E ARE ESTABLI SHED 2010 4 OFFI CES Worldwide PEOPLE Over 100 (from 4 in 2010)
W HAT W E DO OUR SERVI CES Values Database Mapping
W HO W E W ORK W I TH SUBSCRI BERS 350+ companies USERS 2,000+ 37% 21% 42% Shipowners Professional Banks & Operators Services & Funds
W HAT HAS HAPPENED TO VALUES?
W HAT HAS HAPPENED TO VALUES?
W HAT HAS HAPPENED TO VALUES? Sold Aug 2 0 1 7 for 4 5 M USD
FORW ARD COMMI TMENTS
FORW ARD COMMI TMENTS
W HATS HAS HAPPENED TO VALUES?
W HATS HAS HAPPENED TO VALUES? Sold Feb 2 0 1 7 for 4 7 .9 M USD
FORW ARD COMMI TMENTS
W HAT HAS HAPPENED TO VALUES?
W HAT HAS HAPPENED TO VALUES? Highest value - Feb 2008 USD 2 8 M USD
W HAT HAS HAPPENED TO VALUES? Sold - May 2017 for 3 .3 M USD
W HAT HAS HAPPENED TO VALUES? Stable over the last 3 m onths
W HAT HAS HAPPENED TO VALUES?
W HAT HAS HAPPENED TO VALUES?
W HAT HAS HAPPENED TO VALUES? Highest value - Jul 2 0 1 5 3 1 3 .2 7 M USD
W HAT HAS HAPPENED TO VALUES? Sold - Oct 2017 for 1 5 9 .5 M USD
W HAT HAS HAPPENED TO VALUES?
W HAT HAS HAPPENED TO VALUES? Firm ing over the last 3 m onths
VALUES CONCLUSI ON OCV values recovering? Contract rewards for market movers OSV values Continue to remain low but are stable MODU ( Jack up) Values firming, Borr Drilling created market
W HAT CAN W E LEARN FROM BI G DATA
VV DATABASE (7,000+ OSV | 1,000+ MODU | 2,000+ OCV)
GLOBAL FLEET VS US FLEET 12,000 1 0 ,2 6 2 10,000 Number of Vessels 8,000 6,000 1 ,4 2 4 4,000 2,000 0 Total Live Global Total Live GOM
I N PERCENTAGE TERMS 9000 8000 Global Live GOM LIVE 7000 Number of Vessels 6000 5000 4000 1 5 % 3000 8 % 2000 1 3 % 1000 0 OSV OCV MODU
AVERAGE FLEET AGE 9000 17.5 8000 Global Live GOM LIVE 7000 Number of Vessels 6000 5000 4000 2 2 3000 20 1 3 2 1 2000 21.1 1000 0 OSV OCV MODU
OFFSHORE SCRAPPI NG 2 0 1 8 - GLOBAL VS US 90 7 8 USA represents 3 5 % of 80 Global Offshore Scrapping 2 0 1 8 70 Number of Vessels 60 50 2 7 40 30 20 10 0 2018 Global Demo Sales 2018 American Owned Vessel Demo Sales
USI NG VV DATA TO VI SUALI SE
GLOBAL OFFSHORE FLEET ORDERBOOK 250 2 0 5 1 9 2 (9.7% ) (7.5% ) 200 150 Number of Vessels 7 7 100 (13.6% ) 4 7 4 2 (17.8% ) 2 9 (35.2% ) 50 1 7 (14.7% ) (10.4% ) 0 OSV MODU
FLEET UTI LI SATI ON
SCI ENTI FI C APPROACH TO VESSEL LAY-UP
AI S AND GI S MAPPI NG
SCI ENTI FI C APPROACH TO VESSEL LAY-UP Total # of vessels in area 2 0 8 8
SCI ENTI FI C APPROACH TO VESSEL LAY UP
SCI ENTI FI C APPROACH TO VESSEL LAY UP Total # of vessels 1 6 5 8 DEMAND/UTILISATION
SCI ENTI FI C APPROACH TO VESSEL LAY UP
3 0 % 4 0 % GOM average Global average 5 % in the last 6 m onths
CONCLUSI ON • Stability in values • Increased scrapping • Improving utilisation • Market moving in the right direction
We’re giving you FREE vessel values specs and com pany inform at ion during Marine Money. Sim ply em ail a ppy@ve sse lsva lue .com wit h “ M M 1 8 ” in t he subj ect line for 3 free uses.
Helping Make Offshore Great Again info@vesselsvalue.com + 44 (0) 203 026 5555
Recommend
More recommend
