Drewry Launches Maritime Equity Research brand

press release
Wednesday, September 19, 2012

Drewry launches new equity research business with DP World investment report.

 

Drewry, the renowned maritime research and advisory firm, announces the launch of a new brand, Drewry Maritime Equity Research, to further expand its portfolio of specialist products and services.
 

 
Drewry, which is FSA authorised, will use the Drewry Maritime Equity Research brand to produce investment reports on listed companies operating within the maritime industry, providing the market with a completely independent analysis that has been built using Drewry’s unique expertise and knowledge of the shipping industry.

 

Each investment report will focus on a company’s operational and strategic position, whilst assessing key valuation drivers, together with a SWOT and financial analysis, A company valuation is included and forms part of a bespoke risk/reward matrix which positions Drewry’s view on each company both on a short-term valuation and long-term risk perspective.

 

To coincide with the launch of this new service, Drewry have released a DP World investment report, the first of 12 global port companies to be covered before the turn of the year. With positive news emanating from the analysis of DP World, it is not all doom and gloom in the shipping world.

 

With a geographically diversified portfolio, most of its throughput (72% in 2011) “origin and destination” cargo, and its transhipment volumes relatively stable (compared with global peers) DP World has been able to ensure revenue growth.

 

The company’s revenues are expected to increase at a CAGR of 8.6% (adjusted for deconsolidation of Australian assets) to reach $3.66 billion in 2014, up from $2.98 billion in 2011. The throughput growth would be driven by high exposure to emerging markets as they contribute more than 80% of cargo. New developments such as London Gateway and expansion at Jebel Ali will further benefit volume growth, with Drewry Maritime Equity Research expecting adjusted earnings to increase at an average annual rate of 8% during FY2011-14.

 

Having taken this growth into consideration, combined with recent debt reduction and further in-depth analysis contained within the report, Drewry scores DP World with a green light on both value and risk according to their bespoke value/risk ranking. This indicates an attractive valuation and a positive outlook.
 

Maritime Reporter June 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Indonesia Expects Total to Decide on Mahakam within days

French oil firm Total  will decide how much interest it will retain from 2018 in Indonesia's offshore Mahakam oil and gas block over the next two days, the

Research Vessel Heincke: Serving Science for 25 years

7 July 2015. A quarter of a century old, with over 900,000 kilometres (488,842 nautical miles) logged and still on the cutting edge of science and technology:

Stena RoRo Charters Three Vessels

Stena RoRo has reached an agreement with the Finnish shipping company Godby Shipping to long-term charter their three RoRo vessels Misida, Misana and Miranda.

News

Indonesia Expects Total to Decide on Mahakam within days

French oil firm Total  will decide how much interest it will retain from 2018 in Indonesia's offshore Mahakam oil and gas block over the next two days, the

Asia-N Europe Container Freight Rates Jumps 60%

Shipping freight rates for transporting containers from ports in Asia to Northern Europe rose by 60.4 percent to $879 per 20-foot container (TEU) in the week ended on Friday,

Research Vessel Heincke: Serving Science for 25 years

7 July 2015. A quarter of a century old, with over 900,000 kilometres (488,842 nautical miles) logged and still on the cutting edge of science and technology:

People in the News

Aberdeen Pupils Peek into Subsea Oil & Gas Technology

Pupils at an Aberdeen primary school were given a rare insight into the depths of the oil and gas industry’s subsea sector after getting to sit in the driving

Search for Missing after Philippine Ferry Sinks, 38 dead

Divers will search waters in the central Philippines on Friday for 15 people still missing after a ferry carrying 187 passengers and crew sank a day earlier,

MOL Renames Group Ship Management Co.

Mitsui O.S.K. Lines, Ltd. announced today that effective July 2, its wholly-owned ship management company for dry bulkers, New Asian Shipping Company, Limited

Logistics

Grimaldi Orders Three PCTCs

After signing an order for the construction of five new ships two weeks ago, the Italian shipowner  Grimaldi Group has signed another contract for the construction

Is It Too Late To Tangle With Spike in Shipping Market

A series of interesting and extreme price spikes is going on in the shipping market today, says Clarksons, provider of global shipping and offshore market intelligence.

NITC Claims World's Largest Supertanker Fleet

According to the head of the National Iranian Tanker Company (NITC), Iran has 42 very large crude carriers or VLCCs, each able to carry 2 million barrels of oil, reports Press TV.

Consulting

Indonesia Expects Total to Decide on Mahakam within days

French oil firm Total  will decide how much interest it will retain from 2018 in Indonesia's offshore Mahakam oil and gas block over the next two days, the

Research Vessel Heincke: Serving Science for 25 years

7 July 2015. A quarter of a century old, with over 900,000 kilometres (488,842 nautical miles) logged and still on the cutting edge of science and technology:

New Record Year in Dry Bulk Demolition Underway - BIMCO

The monthly average for the first six months in 2015 is 3.3m DWT. In 2014 the first half year averaged at 1.33m DWT per month.   April 2015 saw 5.36 million DWT being retired from active service,

 
 
Maritime Contracts Navigation Offshore Oil Pipelines Pod Propulsion Port Authority Salvage Ship Electronics Ship Simulators Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.2570 sec (4 req/sec)