I've been asked several times over the last month if ship owners should be worried about rising inflation. I take this to mean two things. Firstly, does inflation (i.e. a decline in the value of a unit of money) signal a weaker freight market? And secondly, does inflation suggest higher interest rates and a higher cost of capital for ship owners, increasing the total cost of ownership? And when we talk about inflation, what inflation are we talking about? I guess most people

A canter round the markets and a summer holiday sale on our latest reports Macro Situation: Vaccines Vs Variants The IMF and other organisations – including us – have upgraded GPD expectations for 2021 and 2022. This is based partly on a view that lost GPD in 2020 was not so bad as earlier estimated, and partly on the success so far of the various vaccination programmes. Growth is especially strong in the OECD nations, changing the dynamic of the last 20 years which was all a