10 Years of Connecting the Middle East's Mega Projects

Peter Molloy

Senior Associate – Breakbulk & Heavylift Drewry Maritime Research

Peter Molloy is a highly experienced consultant who specialises in niche shipping markets.  He has extensive experience in valuations, market analysis and due diligence for different ship types and markets. 

His advisory expertise is considerable and includes market studies, valuations and strategic planning.


2026 Event Agenda Sessions

Setting the Scene: MPV Fleet Analysis 2026

This opening presentation will provide a data-driven snapshot of the multipurpose and heavy-lift fleet, highlighting trends in age, orderbook activity, and regional deployment. With capacity tight and compliance costs rising, it sets the stage for the discussion on vessel availability, costs, and crew challenges that follows.

Wednesday 04 February 14:30 - 14:40 Main Stage

Add to calendar 02/04/2026 14:30 02/04/2026 14:40 Setting the Scene: MPV Fleet Analysis 2026

This opening presentation will provide a data-driven snapshot of the multipurpose and heavy-lift fleet, highlighting trends in age, orderbook activity, and regional deployment. With capacity tight and compliance costs rising, it sets the stage for the discussion on vessel availability, costs, and crew challenges that follows.

Main Stage Asia/Dubai

Fleet Under Pressure: Capacity, Costs, and the Crew Crisis

Global shipping is grappling with a perfect storm: shipyard slots are scarce, newbuild prices have skyrocketed, and offshore fleets face aging vessels with poor ROI on replacement. At the same time, a widening talent gap – exacerbated by rising crew costs and a new generation less willing to go to sea – is leaving operators short-handed. This session examines how these pressures are reshaping vessel supply, crew dynamics, and project cargo flows, with a regional lens on the Arabian Gulf and Red Sea, tariff shocks, and political instability.

Wednesday 04 February 14:40 - 15:30 Main Stage

Add to calendar 02/04/2026 14:40 02/04/2026 15:30 Fleet Under Pressure: Capacity, Costs, and the Crew Crisis

Global shipping is grappling with a perfect storm: shipyard slots are scarce, newbuild prices have skyrocketed, and offshore fleets face aging vessels with poor ROI on replacement. At the same time, a widening talent gap – exacerbated by rising crew costs and a new generation less willing to go to sea – is leaving operators short-handed. This session examines how these pressures are reshaping vessel supply, crew dynamics, and project cargo flows, with a regional lens on the Arabian Gulf and Red Sea, tariff shocks, and political instability.

Main Stage Asia/Dubai