Although we have multi-sector experience across the container shipping, dry bulk and tanker segments, we are focused on delivering world-class fundamental and equity research on the tanker markets.
Quite frankly, the shipping industry deserves better research.
Unfortunately, the traditional providers of shipping research are either trying to sell ships (ship brokers) or attempting to sell securities (investment banks). This does not always lead to the best research and contributes to the industry’s notorious herd mentality, as both transactionally-focused players push whatever sector is “hot” and offering the best commission and fee income opportunities at the time.
As independent researchers, and having escaped from the shipbroker world, we no longer battle this crippling conflict of interest and are free to present our views objectively. After all, no sale & purchase (S&P) broker is ever going to allow a researcher to get between them and a commission cheque, so the research is always positive and it is never a bad time to buy a vessel. Shipbroking clients suffer accordingly.
Meanwhile, we use larger data sets and more sophisticated analysis than our competitors to identify those tanker sub-sectors that offer superior risk/return characteristics, across a spectrum of macro scenarios and ship owner behaviour patterns.
These sub-sectors are typically not what the ship brokers and investment banks are pushing at the moment.
Background on our Tanker Research offerings.