How the tide turned for the S&P market

After almost a decade in the doldrums, the tide turned for the Sale and Purchase (S&P) market in 2020. Fast forward to today and we see a very different picture - with full orderbooks, full shipyards and considerably higher vessel prices. In this episode of Shipping Matters, SSY’s Toby English, Ben Pusey and Michael Mervyn Jones and special guest George Panayides (CEO of NS Lemos & Co Ltd.) examine the underlying factors that have driven this turnaround and discuss how long can this upward trend continue.

Panellist contact details:

George Panayides,

CEO, NS Lemos & Co Ltd.

E: [email protected]

Toby English

Partner & Global Head of Sale & Purchase, SSY

E: [email protected]

Ben Pusey

Senior Director, Sale & Purchase, SSY

E. [email protected]

Michael Mervyn-Jones

Director of Communications & Marketing, SSY

E: [email protected]

About SSY

Established in 1880, SSY has grown to become one of the biggest and most trusted names in broking, operating around the world via its 24 local offices – with over 500 experts covering a range of major markets including Dry Cargo, Tankers, Derivatives, LNG, Sale and Purchase, Offshore, Chemicals, Towage and Ship Finance. SSY has a global reach with offices in Athens, Copenhagen, Dubai, Geneva, Genoa, Hamburg, Hong Kong, Houston, Kristiansand, London, Madrid, Mumbai, New York, Oslo, Rio, Seoul, Shanghai, Singapore, Stamford-USA, Sydney, Tokyo, Vancouver, Varna, Zug.

www.ssyglobal.com

About NS Lemos & Co Ltd.

N.S. Lemos & Co. Ltd are the London Agents of the Athens-based ship-management companies Enesel S.A. and Enesel Dry S.A. Using its extensive shipping contacts and long-standing expertise in the industry, N.S. Lemos & Co. Ltd. provides a combination of chartering, sale and purchase (S&P), consultancy and/or

insurance services to all the Enesel Group companies. The Enesel Group is proud to have one of the longest continuous presences in the Shipping

Industry. It was founded in 1848 by Andonis and Filippos Lemos’ ancestors and has sailed the seas for more than 176 years. The Group currently comprises five wholly-owned shipping companies, whose activities and offices span the globe, and who employ approximately 900 seafarers and 200 shore-based personnel.

www.eneselnet.com

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