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Shipbroker Targets LNG Growth With New Senior Hire
Simpson Spence Young, the world’s largest independent shipbroker, has announced the appointment of Taimuraz Badtiev, 32, to head up its LNG Department based in London.

Read the full press release here.
Argus Mediterranean Solid Fuels
SSY's Head of Research, John Kearsey, was a member of the freight panel at this conference held in Rome on 5-6 May. The panel discussed the prospects for the dry bulk freight market over the next 12 months.
Argus Biomass 2016
Derek Langston, Senior Director of SSY Consultancy & Research, was on the Supply Chain & Logistics Panel at this London-based conference. His contribution put the wood pellet trades into the context of wider dry bulk cargo flows and summarised the reasons for the historically low spot and period charter rates in the geared vessel markets.
CMA Annual Conference
At the 31st annual conference of the Connecticut Maritime Association, held in Stamford on 21-23 March, John Keeshan of SSY USA was a panel member discussing "Global Commodity Demand and the Outlook for Dry Cargo Shipping".
Jekov Replaces Retiring Carlisle
Simpson Spence Young announced the promotion of Stanko Jekov to Managing Director, Simpson Spence Young Dry Cargo. He succeeds Mark Carlisle, 55, who has retired after 25 years with the firm to pursue other interests outside of shipping.

Read the full press release here.
DNB's Oil, Offshore and Shipping Conference
John Kearsey of SSY Research was a speaker and panellist in the dry bulk session at this event held in Oslo. He focussed on the relative structural and cyclical drivers of the current slump in the dry bulk carrier freight market, drawing comparisons with the downturn of the mid-1980s.
Change of Executive Chairman and Senior Partner from 2017
Simpson Spence Young announced on March 2nd that its long-term Chairman John Welham will relinquish the role in January 2017 and hand over to his Executive Board colleague Mark Richardson.

Read the full press release here.
CRU Ryan's Notes Metallics Meeting
Held in Florida, this year's conference included a paper by SSY's John Keeshan examining the main reasons why dry bulk trade growth in 2015 was below expectations and potential sources of freight rate volatility in 2016.
CWC LNG World Summit
Debbie Turner of SSY Gas was among the speakers at this conference held in Rome, where her presentation was on the "Changing face of LNG production, storage and distribution".
CONAGO Seminar
John Keeshan of SSY USA provided a presentation on "Logistics & Transportation for Grains & Oilseeds" to this seminar, held in Mexico City towards the end of 2015.
MEIC Shipping Seminar
At this annual event in Busan, SSY's Head of Research John Kearsey highlighted the importance of fleet supply-side adjustments to the eventual recovery in the dry bulk freight market.
IIMA Meeting Vienna
Speaking at the Annual Meeting of the International Iron Metallics Association, SSY's Derek Langston outlined the key reasons behind the acutely weak dry cargo freight market.
SSY Gas Expands On The Ground in Korea
SSY Gas, the gas division of global shipbroker Simpson Spence Young, has today announced the signing of a cooperation agreement with TEAM Marine Consulting in Seoul, Korea. This new agreement covers all of SSY Gas’s LNG business in Korea.

Read the full press release here.
China Iron & Steel Association Annual Conference
Derek Langston, Senior Director of SSY Consultancy & Research, was among the speakers at the conference in Dalian. His paper identified the key factors behind the multi-year lows for iron ore freight rates in 2015 and the challenges to eventual recovery in the dry bulk shipping market.
Argus Americas Petcoke Summit
Speaking at this event in Houston on 18 September, John Keeshan of SSY USA, outlined the main factors impacting on petcoke spot rates from the US Gulf.
Coal Association of Canada Annual Conference
SSY's Head of Research, John Kearsey participated in the Market Analysts session of this annual conference held in Vancouver on 16-18 September. His paper put the current dry bulk freight market into historical perspective, identified the main reasons for this year's acute weakness and the prospects for recovery.
Maritime Cyprus
John Bamford, Managing Director of Simpson Spence Young's Sale & Purchase division, was among the speakers at this conference in Limassol on 16th September. His topic was "Where Next for Bulk Carrier Values?" with John assessing investment opportunities in the main sizes.
Coaltrans Brazil
In his paper at this annual conference, held in Rio de Janeiro on 2-3 September, Robin Masters of SSY USA highlighted the pivotal role played by Brazil's dry bulk exports in driving dry bulk freight market volatility.
Kalimantan Coal Conference
Ahmed El Masry from SSY Singapore provided the freight perspective at this conference, held in Indonesia on 2-3 September, where his paper looked at some of the key reasons behind this year's exceptionally soft freight market in the Pacific.
First Cape 5 TC Long Term FFA Deal
SSY Futures Ltd is pleased to report that they have concluded the first long term Cape 5TC FFA deal.

Read the full press release here.
Metal Bulletin International Iron Ore Symposium
Duncan Dunn of SSY Futures and John Kearsey of SSY Consultancy & Research were both participants in this year's conference held in Vienna. John Kearsey's presentation focussed on the sources of freight market negativity and, in particular, the influence of China's reduced dry bulk imports. He then moved on to examine the developments in vessel supply and cargo demand that will be required to support an eventual recovery in dry bulk carrier freight rates. Duncan Dunn was the moderator in a session covering the expanding role of derivatives in the international iron ore market.
IHS Energy European Coal Outlook Conference
SSY's Head of Research John Kearsey was one of the speakers at this annual event held in Nice on 18/20 May, where he considered whether the depressed state of spot and futures freight pricing were justified by market fundamentals. The company took prizes in the categories for both Iron Ore Futures/Swaps broking and iron ore options broking, as well as for FFA broking. Mark Richardson, Head of SSY Futures, also spoke on Evolving Market Structures in Asia, at the SGX Iron Ore Week Forum, where delegates heard about the increased volumes in 2014 on both Chinese and Singaporean based exchanges.
Singapore Iron Ore Week
SSY Futures won prizes in all three of the broking categories it entered for the SGX AsiaClear Awards in Singapore, which are timed to coincide with Singapore Iron Ore Week.
Sulphur World Symposium
Derek Langston of SSY Consultancy & Research presented a paper at The Sulphur Institute's annual conference, which was held in Barcelona on April 20/22, where he highlighted some of the potential sources of volatility in freight rates in a fundamentally oversupplied dry bulk carrier market.
SSY Completes Global Rebrand
SSY has undergone a global corporate rebrand as it positions itself for continued growth and greater market differentiation.

Read the full press release here.
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