Drewry’s advisory team works with shipowners, pure play investors and industrial users of Crude and Product Tankers in a wide variety of assignments including market analysis, lender’s due diligence, seafreight strategy formulation, assessing opportunities and plotting strategy in the crude and product tanker markets.
The global crude oil, product and tanker markets are dynamic and volatile. The rise of US shale, the waning power of OPEC, the constant shifting of refining capacity, the rapid growth in the development of electric cars and falling cost of renewable sources energy raise both short and long term strategic questions for stakeholders. This is compounded by the complexity of the shipping and shipbuilding market: ever-changing regulatory requirements, the availability of newbuilding capacity and the volatility of tanker earnings and asset values add to the challenges faced by stakeholders.
In this complex environment, Drewry provides strategic, commercial and technical advisory services to shipowners, investors, lenders and industrial users. Our advisory team works closely with Drewry’s Tanker Research team, which is continuously monitoring and reporting on the sectors and which publishes Drewry’s Tanker Insight and Tanker Forecaster. It provides up to date analysis on crude and product trade developments, the implications for seafreight, seafreight market rates and asset values, the orderbook and other key industry trends.
This understanding of the market underpins our work in market analysis, commercial due diligence, valuation and investment appraisal. We prepare earnings and asset value projections under a variety of scenarios and combine this with financial modelling and analysis to allow clients to see the likely outcomes of planned investment.
Drewry’s in-house technical experts are able to offer a full range of technical services including desktop technical due diligence, health and safety due diligence, operating cost benchmarking and physical inspection of vessels.
The combination of commercial, financial and technical expertise means that Drewry has the complete set of capabilities required to service all stakeholders within the crude tanker market.
Commercial and market assessment
Technical due diligence of vessels (to assess seaworthiness of vessels)