We are excited to introduce the latest enhancement to Kpler's "Flows" function, the "By Long-Haul Vessel Type" split. Developed with precision and user utility in mind, this new feature is designed to refine your ability to monitor vessel activities and understand trade routes more effectively.
Understanding the "By Long-Haul Vessel Type" Split
The "By Long-Haul Vessel Type" split offers a more accurate representation of vessel types involved in Super Trades, which are trades that involve Ship-to-Ship (STS) transfers. While our default setting provides the type of the origin vessel for Exports and the destination vessel for Imports, there are situations where this might not represent an accurate depiction.
This split categorizes trades, not voyages, based on the largest vessel involved in the trade. As an example, if there is only one vessel involved in a trade (i.e. trade without STS operations) then the type of this vessel is used. When there is more than one vessel involved in the trade (i.e. trade with STS operation[s]) then the type of the largest vessel - defined by Dead Weight - is used.
One such example is U.S. Exports where smaller Aframaxes perform the original liftings, but the actual exports from the country are carried out onboard Very Large Crude Carriers (VLCCs). The previous settings might have led to the portrayal of Aframaxes as the exporting vessels, while in reality, VLCCs are the ones executing the long-haul transfer.
Using the New Split
To use the "By Long-Haul Vessel Type" split, you can simply navigate to the Split drop-down menu in the "Flows" function. There you will find this new option, which, when selected, will automatically adjust the data to display the long-haul vessel type instead of the original lifting vessel.
By implementing this change, Kpler will now display VLCCs instead of Aframaxes in such situations, thus providing a more accurate understanding of the vessel types involved in your analysis.
Conclusion
This new feature is part of our ongoing commitment to enhancing your Kpler experience, providing greater accuracy, and delivering insights that are most relevant to your business needs. We believe this enhancement will give you a more comprehensive view of vessel activities in your chosen trade routes.
As always, we're here to support you and answer any questions you may have about this new feature. We greatly value your feedback and encourage you to share your thoughts on this new feature.