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                                                                                                                                                                                                                                                                                         Photo ©: Þórarinn S. Guðbergsson

Our View of the Fishing Vessel market: July 2010

Type of vessel

Market conditions

Fishing Vessel Newbuildings : We foresee good reasons developing for shipowners to consider newbuildings, with the economic downturn softening. Shipyards have now more capacity to build, suppliers have reduced delivery time for equipment, etc.
Wet Fish Stern Trawlers : Much increased demand for vessels of all sizes and age.
Freezer Stern Trawlers : High demand at the moment for freezer factory vessels of most size range (especially 50 mtrs LOA +).
Moonsund and "Vigo" type factory trawlers are in good demand now.
Pelagic Purse Seiner / Trawlers : Much increased demand for vessels of all sizes and age, mostly though on high capacity vessels.
Pelagic Freezer Trawlers : Shortage of good vessels on the market. Combined Purse Seiner / Trawler Freezers will attract strong attention of the market.  A few units are now becoming available, contact us for more information.
Autoliners : Little activity on this market despite talks about more upcoming changes in this sector. Fair demand for all vessels built after 1990, although record prices have been noted during recent sales of "Solstrand" built vessels.
 
Factory / Processor vessels : Little activity on this market, prices on decline.
Offshore vessels : Increasing demand in general for most types of vessels, depending on age.

For any questions or comments, please do not hesitate to contact us.

alasund@alasund.is