
Andy Dacey
Andy (Andrian) Dacy, Managing Director and CEO/CIO of J.P. Morgan Asset Management's Global Transportation Group and a regular speaker at Capital Link shipping forums.
1
APPEARANCES
1
PODCASTS
012
DEC 30
JAN 6
JAN 13
JAN 20
JAN 27
FEB 3
FEB 10
FEB 17
FEB 24
MAR 3
MAR 10
MAR 17
MAR 24
MAR 31
APR 7
APR 14
APR 21
APR 28
MAY 5
MAY 12
MAY 19
MAY 26
JUN 2
JUN 9
JUN 16
JUN 23
JUN 30
JUL 7
JUL 14
JUL 21
JUL 28
AUG 4
AUG 11
AUG 18
AUG 25
SEP 1
SEP 8
SEP 15
SEP 22
SEP 29
OCT 6
OCT 13
OCT 20
OCT 27
NOV 3
NOV 10
NOV 17
NOV 24
DEC 1
DEC 8
DEC 15
DEC 22
DEC 29
JAN 5
JAN 12
JAN 19
JAN 26
FEB 2
FEB 9
FEB 16
FEB 23
MAR 2
MAR 9
MAR 16
MAR 23
MAR 30
APR 6
APR 13
APR 20
APR 27
MAY 4
MAY 11
MAY 18
MAY 25
JUN 1
JUN 8
JUN 15
JUN 22
JUN 29
JUL 6
JUL 13
JUL 20
JUL 27
AUG 3
AUG 10
AUG 17
AUG 24
AUG 31
SEP 7
SEP 14
SEP 21
SEP 28
Sep 15, 2026
2026 18th Annual Capital Link Shipping & Marine Services Forum | Shipping is Cash Rich
11:51
12:24
S
11:44speaker_0MODERATOR
How are you assessing opportunities now and where do you see the returns coming in the future?

Andy DaceyGUEST
look my view is that getting into this market now is very challenging and and I haven't listened to what's been said all day today but I suspected some version of what I'm about to say which is look if you're an existing ship owner and you had all your chess pieces in the right place then you have Gushers of cash coming at you now at levels that we certainly haven't seen in a long time and and that creates I think a degree of difficulty for someone trying to get in, because the only way you're going to get in is pay someone over the odds for them to give you their gusher of cash.

Andy DaceyGUEST
And I guess the big question is, how long is that that gusher of cash going to last? Which can be anybody's guess, right? We have geopolitics, we have governments, we have multipolarity, we have regional issues.
22 MINS LATER
N
34:54Nicholas TiragalisGUEST
And when it comes to obviously going back to the beginning of the panel, being disciplined and choosing your deals and allowing to sleep at night, just today we had an opportunity because we also welcome inbound opportunistic investment to finance on a bare boat to two voyages effectively down in the middle east out of the strait of hormuz the numbers um unbelievable on an old ship um and the returns uh you know are obviously uh out of the ordinary but we're not going to touch that i mean you know would rather pass on the opportunity to finance that type and do this type of transaction first of all counterparty risk is a little bit of a question mark and most importantly the risks that you take sometimes you know we're not in that in that kind of business and and in terms of what we do at tufton