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Consultancy & Research

Consultancy and research are central to our services. We provide our brokers and their clients with independent, forward thinking market research and analysis to enable informed decision making.

Our team of analysts make sense of the huge volumes of data circulating in the market providing insight into complex issues, reacting to changes in supply, demand and geopolitics.

Consultancy & Research in numbers

49k

Ocean going cargo vessels in operation

10k+

Number of shipowners

73.3m

Barrels per day 2023 seaborne oil flows

Key Consultancy & Research services

Consultancy & Research team

Gordon Collen

Market Analyst

Department: Consultancy & Research
Location: London
Tel: +44 (0) 20 7667 1230

Kenechukwu Nwangwu

Data Manager

Department: Consultancy & Research
Location: London

Lakshmy Soman

Data Researcher

Department: Consultancy & Research
Location: London
Tel: +44 (0) 20 7667 1086

Richard Matthews

Director

Department: Consultancy & Research
Location: London
Tel: +44 (0) 20 667 1233

Shashank Sagar

Research Analyst

Department: Consultancy & Research
Location: Mumbai

Svetlana Kourmpeti

Senior Market Analyst

Department: Consultancy & Research
Location: London
Tel: +44 (0) 20 7667 1247

Discover more weekly reports

Tanker Market Report 16.05.25

Aging Fleet

The tanker fleet is aging. The last couple of years have seen few deliveries and little scrapping as a strong market and a growing dark fleet has kept many vessels from being beached. Second-hand asset values surged in the years following Russia’s invasion of Ukraine, as especially older vessels have found ready buyers in the dark fleet and sanctioned markets with prices far exceeding scrap values. With 51% of the total tanker fleet of 25,000 dwt and above aged 15 years and older and 22% above the age of 20, it begs the question of how aging has impacted fleet utilisation. Part of the answer lies in dark and sanctioned fleet activity, with 93% of the dark fleet aged 15 and over, and 64% aged 20 years and older.

View report

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