Even if you don’t spread your shipping risk across different shipping sectors, when it comes to newbuild yard pricing and conversion demand, it pays to keep an eye of how other shipping market are developing. So as our financial year closes, here is a quick overview of how we expect earnings in different shipping sectors (where we are active as brokers) to perform over the next 12 or so months.

Although VLCC markets have sunk below OPEX, the drumbeat of an imminent tanker recovery has grown louder. Here is our look at the key indicators signaling an upturn.