WHO WE ARE

We are an independent shipbroker with an approach focused on expertise rather than scale.

A Global Experiment

China and the US have differing approaches to the political, economic, social and technical challenges posed by globalisation and Industry 4.0. Which will be more successful?

President Xi Jinping of China has been talking more about his One Belt, One Road policy. We have covered this many times before but we were surprised to discover that 60 countries now have some sort of OBOR agreement with China.  We were less surprised to discover that analysts suggest that Chinese manufacturers will use OBOR to offshore production lines to lower-cost areas such as India, Bangladesh and Vietnam, as Paul Yang, CEO of Taiwanese bank, China Development Financial, told a conference in Hong Kong this week. 

Chinese manufacturers face the same pressures as any others but their main challenge is wage growth, especially as the pool of Chinese labour is no longer growing due to the demographic effects of the one child policy. Their options are to move assembly lines to where there are lower cost pools of ample labour supply, or to automate assembly lines, obviating the need for labour altogether. 

Both of these effects of globalisation on labour have left Western governments powerless to improve the prosperity of their working class electorates. The working classes are told that globalisation is good for GDP, but have seen most of the benefits accrue to owners of capital and to the newly industrialised working classes of Asia. This has led to resentment.

Professor Richard Baldwin of the Graduate Institute, Geneva, in his new book “The Great Convergence: Information Technology and the New Globalisation” argues that globalisation to date has led to the G7 group of nations’ share of global GDP falling from 68 per cent in 1993 to 45 per cent in 2014. He also shows that middle classes in China and other rapidly industrialising nations enjoyed approximately 80 per cent increases in income in the decade to 2008, while the “rich” (he doesn’t define them but we assume the owners of capital and knowledge) in the G7 enjoyed a 60 per cent increase in their wealth. 

 Please click here to view the rest of the report.

Brent & WTI behaviour following meeting

what we do

  • Newbuilding

    Newbuilding

    Our Newbuilding team has concluded over 500 newbuildings of all types, including LNGCs, FSRUs, drillships, crude tankers, product tankers and dry cargo vessels. We have contracted in all major newbuilding centres globally, with particular focus on the Korean Shipyards.

    Contact: Nick Wood
    nick.wood@affinityship.com
    +44(0)20 3142 0111

    Dry Cargo

    Dry Cargo

    Our dry bulk chartering teams in Sydney, Melbourne, Perth, Santiago, Singapore, Beijing and London are cargo-focussed and they fix voyage, COA and time charter business on behalf of their clients with a wide range of ship owners.

    Contact: David Oakley
    david.oakley@affinityship.com
    +61 2 9937 8806

    Tankers

    Tankers

    Our established tanker chartering teams serve the industry from London, Houston and Santiago delivering a highly proficient spot chartering service with a prime position in the fuel oil market. The team has close relationships with oil majors, national oil companies, oil traders and major ship owners and operators. 
    Our ethos for operations and post-fixture is simple: these roles are as important to us as the chartering/commercial function, and we continue to apply those same principles of professional ship broking throughout the life of each fixture.

    Contact: Tim Gurdon
    tim.gurdon@affinityship.com
    +44(0)20 3142 0142

    LNG

    LNG

    Our young and dynamic LNG team possess wide-ranging experience of spot and term charters working with all major LNG shipowners and charterers. The LNG team has close interaction with the Newbuilding and Sale & Purchase divisions with an unrivalled track record of contracting LNG newbuildings and in the sale and purchase of LNG assets.
    We maintain up-to-date knowledge and an understanding of new technologies within the LNG sector to ensure that our clients can make the most suitable and cost-effective decisions on shipping solutions.

    Contact: Lawrence Noto
    lawrence.noto@affinityship.com
    +44 (0)20 3142 0199

    Sale & Purchase

    Sale & Purchase

    Our Sale & Purchase team has extensive experience of working with private clients, national shipping companies, major corporates, oil companies, grain houses and institutional investors. We provide a cradle to grave services across all shipping sectors. We operate from London, Singapore and Seoul to give 24-hour coverage of the markets, working for both newbuilding and second-hand buyers.

    Contact: Toby English
    toby.english@affinityship.com
    +44(0)20 3142 0123

    Finance

    Finance

    Affinity Financial Products Ltd is authorised by the FCA to provide advice and execution of regulated activities. We focus our efforts on asset-related transactions often structured as corporate share sales or mergers and acquisitions.
    We work in partnership with investment banks providing specific, shipping-related advice.

    Contact: Andrew Finn
    andrew.finn@affinityship.com
    +44(0)20 3142 0114

    Valuations

    Valuations

    We provide transparent, objective ship valuation service to major owners, banks and other financial institutions at short notice and a daily basis. We provide a retainer service for regular fleet valuations.

    Contact: Mark Williams
    mark.williams@affinityship.com
    +44(0)20 3142 0185

    Research

    Research

    Our research department combines real time market information with econometric modelling and the latest technology. 

    Contact: Mark Williams
    mark.williams@affinityship.com
    +44(0)20 3142 0185

    Newbuilding

    Our Newbuilding team has concluded over 500 newbuildings of all types, including LNGCs, FSRUs, drillships, crude tankers, product tankers and dry cargo vessels. We have contracted in all major newbuilding centres globally, with particular focus on the Korean Shipyards.

    Contact: Nick Wood
    nick.wood@affinityship.com
    +44(0)20 3142 0111

    Dry Cargo

    Our dry bulk chartering teams in Sydney, Melbourne, Perth, Santiago, Singapore, Beijing and London are cargo-focussed and they fix voyage, COA and time charter business on behalf of their clients with a wide range of ship owners.

    Contact: David Oakley
    david.oakley@affinityship.com
    +61 2 9937 8806

    Tankers

    Our established tanker chartering teams serve the industry from London, Houston and Santiago delivering a highly proficient spot chartering service with a prime position in the fuel oil market. The team has close relationships with oil majors, national oil companies, oil traders and major ship owners and operators. 
    Our ethos for operations and post-fixture is simple: these roles are as important to us as the chartering/commercial function, and we continue to apply those same principles of professional ship broking throughout the life of each fixture.

    Contact: Tim Gurdon
    tim.gurdon@affinityship.com
    +44(0)20 3142 0142

    LNG

    Our young and dynamic LNG team possess wide-ranging experience of spot and term charters working with all major LNG shipowners and charterers. The LNG team has close interaction with the Newbuilding and Sale & Purchase divisions with an unrivalled track record of contracting LNG newbuildings and in the sale and purchase of LNG assets.
    We maintain up-to-date knowledge and an understanding of new technologies within the LNG sector to ensure that our clients can make the most suitable and cost-effective decisions on shipping solutions.

    Contact: Lawrence Noto
    lawrence.noto@affinityship.com
    +44 (0)20 3142 0199

    Sale & Purchase

    Our Sale & Purchase team has extensive experience of working with private clients, national shipping companies, major corporates, oil companies, grain houses and institutional investors. We provide a cradle to grave services across all shipping sectors. We operate from London, Singapore and Seoul to give 24-hour coverage of the markets, working for both newbuilding and second-hand buyers.

    Contact: Toby English
    toby.english@affinityship.com
    +44(0)20 3142 0123

    Finance

    Affinity Financial Products Ltd is authorised by the FCA to provide advice and execution of regulated activities. We focus our efforts on asset-related transactions often structured as corporate share sales or mergers and acquisitions.
    We work in partnership with investment banks providing specific, shipping-related advice.

    Contact: Andrew Finn
    andrew.finn@affinityship.com
    +44(0)20 3142 0114

    Valuations

    We provide transparent, objective ship valuation service to major owners, banks and other financial institutions at short notice and a daily basis. We provide a retainer service for regular fleet valuations.

    Contact: Mark Williams
    mark.williams@affinityship.com
    +44(0)20 3142 0185

    Research

    Our research department combines real time market information with econometric modelling and the latest technology. 

    Contact: Mark Williams
    mark.williams@affinityship.com
    +44(0)20 3142 0185

Click here for our terms of business

Our locations

  • Floor 44
    The Leadenhall Building
    122 Leadenhall Street
    London EC3A 8EE

    T +44 (0)203 142 0100

    View full office info

    LONDON

    Dry Cargo Finance LNG Newbuilding Sale & Purchase Research Tankers Valuations

    Floor 44
    The Leadenhall Building
    122 Leadenhall Street
    London EC3A 8EE

    T +44 (0)203 142 0100

    View full office info


  • 1301 McKinney Street
    Suite 2975
    Houston, Texas
    77010, USA

    T +1 832 925 7500

    View full office info

    HOUSTON

    Tankers


    1301 McKinney Street
    Suite 2975
    Houston, Texas
    77010, USA

    T +1 832 925 7500

    View full office info

  • Augusto Leguia Norte 100
    Office 710
    Las Condes
    7550155 Santiago
    Chile

    T +56 22 352 7100

    View full office info

    SANTIAGO

    Dry Cargo Tankers

    Augusto Leguia Norte 100
    Office 710
    Las Condes
    7550155 Santiago
    Chile

    T +56 22 352 7100

    View full office info


  • Marco Polo Parkside Building 1005,
    Anli Road No. 80,
    Chaoyang District,
    Beijing, China, 100101

    View full office info

    BEIJING

    Dry Cargo Tankers


    Marco Polo Parkside Building 1005,
    Anli Road No. 80,
    Chaoyang District,
    Beijing, China, 100101


    View full office info

  • #703, Shin-A Building
    50 Seosomun-ro 11gil
    Jung-gu, Seoul
    South Korea
    100-752

    View full office info

    SEOUL

    LNG Newbuilding Sale & Purchase

    #703, Shin-A Building
    50 Seosomun-ro 11gil
    Jung-gu, Seoul
    South Korea
    100-752


    View full office info


  • 72 Anson Road
    #13–03 Anson House
    Singapore
    079911

    T +65 6805 8760

    View full office info

    SINGAPORE

    Dry Cargo Sale & Purchase


    72 Anson Road
    #13–03 Anson House
    Singapore
    079911

    T +65 6805 8760

    View full office info


  • 1st Floor
    64 Alexander Street
    Crows Nest, NSW 2065
    Australia

    T +61 299 378 800

    View full office info

    SYDNEY

    Dry Cargo


    1st Floor
    64 Alexander Street
    Crows Nest, NSW 2065
    Australia

    T +61 299 378 800

    View full office info

  • Level 8
    420 St Kilda Road
    Melbourne
    VIC 3004
    Australia

    T +61 398 671 466

    View full office info

    MELBOURNE

    Dry Cargo

    Level 8
    420 St Kilda Road
    Melbourne
    VIC 3004
    Australia

    T +61 398 671 466

    View full office info


  • 8/38 Colin Street
    West Perth
    WA 6005
    Australia

    T +61 892 260 618

    View full office info

    PERTH

    Dry Cargo


    8/38 Colin Street
    West Perth
    WA 6005
    Australia

    T +61 892 260 618

    View full office info