Friday Big Picture Report Archive

October 11th 2018

Market Forecast Modelling uncertainty

We have been updating our forecasts and have started to incorporate much more explicitly some of our assumptions around how the market will deal with the big issues facing the industry over the next few years: IMO 2020 and the role of scrubbers and changing fuel costs, ballast water, the growth of the dedicated VLOC fleet and the phase out of the converted tankers that operate on the iron ore trades. It is of course a continually evolving story, but those who saw any of our recent presentations in Singapore will have seen how our thinking on these issues has been developing.

Key themes are covered below and will be continued next week. As ever, if you are interested to learn more, please get in touch via your broking contacts.