Newbuild Report 2021

Introduction 2021 was a record breaking year for the Maritime industry. The spread of three major Covid-19 variants had substantial repercussions for Shipping: labour shortages, port congestion and volatile oil demand, to name but a few. Responding to the fast changing nature of global trade, the newbuilding orders of 2021 have reflected a world littered …

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A Winter Write Up on the VLCC and LNG Markets

Introduction In today’s carbonised economy, where millions of barrels of oil are consumed daily, the transportation of fuel is a crucial cog in the world’s energy consumption. With such large quantities required globally, the oceans are the most cost effective route for moving this cargo to areas that do not have rich natural reserves of …

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