We are an independent shipbroker with an approach focused on expertise rather than scale.
We have a vaccine, now what?
Moderna confirmed on Monday that its coronavirus vaccine is 94.1 percent effective, and up to 100 percent effective in preventing severe cases of Covid-19.
In a press release, the US company wrote that it will submit applications for a conditional marketing authorisation to the European Medicines Agency and an emergency use authorisation to the US Food and Drug Administration as early as Monday.
The company also plans to submit for a prequalification, or emergency use listing, with the World Health Organization, as well as submitting the data from its phase 3 trial to a peer-reviewed journal.
The European Commission has signed a deal with Moderna to purchase up to 180 Mn doses of the vaccine, while the UK has a deal for 7 Mn.
The company estimates it'll be able to make 20 Mn doses by the end of the year in the US but has said it won't be able to supply Europe until 2021.
For this reason, demand for the vaccine is expected to outstrip supply for the majority of 2021, presenting a massive dilemma for governments, which must decide who gets the vaccine first or early, and who must wait.
Many disputes over prioritisation will play out in the fine print of government plans. According to a POLITICO survey of the approaches of 40 governments, the core elements of most national plans are prioritising healthcare workers and older populations.
Still, with the vaccine likely to be administered outside hospitals in many instances, verifying that recipients have certain health conditions could be supported by either huge databases or an honour system.
For example, in the US, the consensus is that the 21 Mn healthcare workers should be first in line for the vaccine, but there is no uniform plan about how to balance the needs of other high-risk groups.
By contrast, the EU has secured vaccines from varying pharmaceutical companies
for 430 Mn people — enough for virtually every EU resident. But with prioritisation aiming to reduce cases most likely to lead to hospitalisation or death, and to ensure the maintenance of essential state functions and public life, not to mention that “there is not one country where over 60 percent of people want to get vaccinated”, as Luxembourg’s prime minister said, there would be a nightmare scenario if the EU failed to coordinate distribution.
In the UK and Japan, after healthcare workers, the priorities are older citizens, those with chronic conditions, and then the rest of the population starting with the eldest and descending in year-age brackets.
Indonesia stands apart for its decision to prioritise young workers aged 18 to 59 for the vaccine, once healthcare workers have been inoculated.
Meanwhile, in India, there are 260 Mn citizens aged 50 or older, and around 20 Mn frontline workers, making the prioritisation task Herculean for the Indian government. In order to avoid confusion, it has created a digital platform for vaccine administration and distribution.
With a task of these proportions at hand, there is a very high risk of mistakes and very little margin of error for a swift vaccination of global proportion in a timely manner.
It shouldn’t be a surprise that the IEA has adopted a cautious tone on how and when vaccines will allow normal life to resume, and (if) oil demand will bounce back to 2019 levels. For now, there isn’t a single forecast which anticipates a significant impact in the first half of 2021.
For the shipping sector, this appears to be a time of transition, amid lower demand, an ageing fleet, and a business model based on fossil fuels coming undone amid regulatory pressures and private investments in greener technologies.
With the share of power generated from fossil fuels globally expected to drop to 24 per cent in 2050 from 62 per cent today, the shipping industry has little choice left on whether to adapt.
Affinity Research LLP
Dry Cargo
Dry Cargo
Our dry bulk chartering teams in Sydney, Melbourne, Perth, Santiago, Lima, Montevideo, Buenos Aires, Singapore 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.
For Atlantic business please contact Hans Bredrup
For Pacific business please contact David Oakley
Contact: Hans Bredrup
[email protected]
Contact: David Oakley
[email protected]
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: Joni Mackay
[email protected]
+44(0)20 3142 0133
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
[email protected]
+44(0)20 3142 0111
Offshore
Offshore
Affinity Offshore is based out of our Oslo and Houston offices. The Team focuses on world-wide sale & purchase of offshore support vessels, as well as chartering – particularly in the Americas and Mediterranean/MENA regions.
Contact: Tor-Øyvind Bjørkli
[email protected]
+47 2109 8211
Research
Research
Our research department combines real time market information with econometric modelling and the latest technology.
Contact: Sevita Kondyliou
[email protected]
+44(0)20 3142 0182
S & P
S & P
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
[email protected]
+44(0)20 3142 0123
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
[email protected]
+44(0)20 3142 0142
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: Ben Pusey
[email protected]
+44(0)20 3142 0125
Dry Cargo
Our dry bulk chartering teams in Sydney, Melbourne, Perth, Santiago, Lima, Montevideo, Buenos Aires, Singapore 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.
For Atlantic business please contact Hans Bredrup
For Pacific business please contact David Oakley
Contact: Hans Bredrup
[email protected]
+56 99 887 3036
Contact: David Oakley
[email protected]
+61 2 9937 8806
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: Joni Mackay
[email protected]
+44(0)20 3142 0133
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
[email protected]
+44(0)20 3142 0111
Offshore
Affinity Offshore is based out of our Oslo and Houston offices. The Team focuses on world-wide sale & purchase of offshore support vessels, as well as chartering – particularly in the Americas and Mediterranean/MENA regions.
Contact: Tor-Øyvind Bjørkli
[email protected]
+47 2109 8211
Research
Our research department combines real time market information with econometric modelling and the latest technology.
Contact: Sevita Kondyliou
[email protected]
+44(0)20 3142 0182
S & P
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
[email protected]
+44(0)20 3142 0123
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
[email protected]
+44(0)20 3142 0142
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: Ben Pusey
[email protected]
+44(0)20 3142 0125
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Floor 44
The Leadenhall Building
122 Leadenhall Street
London EC3A 8EE
T +44 (0)203 142 0100
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LONDON
Floor 44
The Leadenhall Building
122 Leadenhall Street
London EC3A 8EE
T +44 (0)203 142 0100
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72 Anson Road
#13–03 Anson House
Singapore
079911
T +65 6805 8760
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SINGAPORE
72 Anson Road
#13–03 Anson House
Singapore
079911
T +65 6805 8760
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Suite 5, Level 1
200 Toorak Road
South Yarra
VIC 3141
Australia
T +61 398 671 466
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MELBOURNE
Suite 5, Level 1
200 Toorak Road
South Yarra
VIC 3141
Australia
T +61 398 671 466
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8/38 Colin Street
West Perth
WA 6005
Australia
T +61 892 260 618
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PERTH
8/38 Colin Street
West Perth
WA 6005
Australia
T +61 892 260 618
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1st Floor
64 Alexander Street
Crows Nest, NSW 2065
Australia
T +61 299 378 800
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SYDNEY
1st Floor
64 Alexander Street
Crows Nest, NSW 2065
Australia
T +61 299 378 800
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#703, Shin-A Building
50 Seosomun-ro 11gil
Jung-gu, Seoul
South Korea
100-752
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SEOUL
#703, Shin-A Building
50 Seosomun-ro 11gil
Jung-gu, Seoul
South Korea
100-752
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6/F Kimberley Plaza
45-47 Kimberley Road
Tsim Sha Tsui. Kowloon
Hong Kong
T +852 2154 2237
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HONG KONG
6/F Kimberley Plaza
45-47 Kimberley Road
Tsim Sha Tsui. Kowloon
Hong Kong
T +852 2154 2237
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1301 McKinney Street
Suite 2975
Houston, Texas
77010, USA
T +1 832 925 7500
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HOUSTON
1301 McKinney Street
Suite 2975
Houston, Texas
77010, USA
T +1 832 925 7500
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Marco Polo Parkside Building 1204,
Anli Road No. 80,
Chaoyang District,
Beijing, China, 100101
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BEIJING
Marco Polo Parkside Building 1204,
Anli Road No. 80,
Chaoyang District,
Beijing, China, 100101
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Jirón Cruz del Sur 140, of. 1712,
Santiago de Surco, Lima,
Perú
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LIMA
Jirón Cruz del Sur 140, of. 1712,
Santiago de Surco, Lima,
Perú
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Augusto Leguia Norte 100
Office 710
Las Condes
7550155 Santiago
Chile
T +56 22 352 7100
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SANTIAGO
Augusto Leguia Norte 100
Office 710
Las Condes
7550155 Santiago
Chile
T +56 22 352 7100
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Misiones St. 1372,
1st Floor "De Los Patricios" Building,
11000 Montevideo, Uruguay
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MONTEVIDEO
Misiones St. 1372,
1st Floor "De Los Patricios" Building,
11000 Montevideo, Uruguay
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Viamonte 174, 4to B,
C1053ABD Buenos Aires,
Argentina
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BUENOS AIRES
Viamonte 174, 4to B,
C1053ABD Buenos Aires,
Argentina
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Inkognitogaten 35,
0256 Oslo
Norway
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OSLO
Inkognitogaten 35,
0256 Oslo
Norway
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