Market Analysis for Unique Featured Heavy Cargo Transportation Vessels

Global Seatrade is a company that owns heavy cargo transportation vessels. These vessels show similarities and differences among themselves as well as to vessels of competing companies. In general the vessels can be conceived as being unique. For this reason, market analysis is difficult to do. In our research we try to take up this challenge and focus on two different aspects and try to compare them in a model. First, the characteristics of the vessels are of interest. Secondly, we assess the cargo markets in which the vessels are operating. We improved the current method of keeping up voyage information and calculating voyage profitability. The different voyage aspects can be compared in this new model. Financial data of 2016 form the basis of our analysis. The model mainly functions as a comparison method. Deriving forecasting statements out of it is more difficult.