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 Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter June 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Construction of new Stockholm Norvik Port Begins

For Hutchison Port Holdings (HPH), one of the world’s leading container terminal operators, Stockholm is strategically important. In April the final permit was

The Odd Trio: HMM, Maersk and MSC

In one of the more bizarre twists in the container shipping market it emerged last week that financially troubled carrier South Korean Hyundai Merchant Marine

Norwegian Unions Say 755 O&G Workers Could Strike

About 755 Norwegian workers on seven oil and gas fields could go on strike from Saturday, hitting output from western Europe's top producer, if a new wage deal is not agreed before a Friday deadline,

New Products

Evinrude Expands E-Tec G2 Horsepower

BRP (TSX:DOO)announced today the release of the next generation of Evinrude E-TEC G2 models with horsepower ranging from 150 to 200, the E-TEC G2 150, 150 H.O., 175 and 200.

Construction of new Stockholm Norvik Port Begins

For Hutchison Port Holdings (HPH), one of the world’s leading container terminal operators, Stockholm is strategically important. In April the final permit was

Danelec Launches ECDIS Computer-based Training

Danelec Launches ECDIS Computer-based Training   Danelec Marine has launched a new computer-based training (CBT) program for its second-generation DM800 ECDIS G2 products.

News

Evinrude Expands E-Tec G2 Horsepower

BRP (TSX:DOO)announced today the release of the next generation of Evinrude E-TEC G2 models with horsepower ranging from 150 to 200, the E-TEC G2 150, 150 H.O., 175 and 200.

Construction of new Stockholm Norvik Port Begins

For Hutchison Port Holdings (HPH), one of the world’s leading container terminal operators, Stockholm is strategically important. In April the final permit was

Wärtsilä, Zamakona Yards Join forces in Canary Island

Wärtsilä is enhancing its service offering by participating in a new maintenance hub in the Canary Islands. The facility, operated by one of Spain's biggest shipbuilding and ship repair groups,

People in the News

Charting the Shift of Oceanic Boundary Currents

Global warming results in fundamental changes to important ocean currents. As scientists from the Alfred-Wegener-Institute show in a new study, wind-driven subtropical

Evinrude Expands E-Tec G2 Horsepower

BRP (TSX:DOO)announced today the release of the next generation of Evinrude E-TEC G2 models with horsepower ranging from 150 to 200, the E-TEC G2 150, 150 H.O., 175 and 200.

Construction of new Stockholm Norvik Port Begins

For Hutchison Port Holdings (HPH), one of the world’s leading container terminal operators, Stockholm is strategically important. In April the final permit was

Logistics

The Odd Trio: HMM, Maersk and MSC

In one of the more bizarre twists in the container shipping market it emerged last week that financially troubled carrier South Korean Hyundai Merchant Marine

Diana Shipping Enters Contract with SwissMarine

Diana Shipping Inc., through a separate wholly-owned subsidiary, has entered into a time charter contract with SwissMarine Services S.A., Geneva, for one of its Ice Class Panamax dry bulk vessels,

Freightgate Announces SOLAS VGM Compliance Solution

Freightgate Inc announced an easy to use, integrated (SSO enabled) solution for International Shippers around the world to comply with the new IMO Requirement to certify VGM (Verified Gross Mass).

Consulting

LR Suggests Locations for In-water Surveys

Lloyd’s Register has recently re-appraised its guidance on locations where an In-Water Survey may be carried out.   Traditionally, these locations were known as ‘Approved Locations’,

GTT, Endel Team-up to Roll-out Membrane Containment Systems

21 June 2016. GTT and the Endel company1 reaffirmed their collaboration in the area of LNG as a marine fuel, following the recent signature of a Technical Assistance

IAMPE Certifies Port Professionals

The International Association of Maritime and Port Professionals (IAMPE) has informed about the Accredited Marine Port Executive Professional Certification. This

 
 
Maritime Contracts Naval Architecture Navigation Pod Propulsion Port Authority Ship Electronics Ship Repair Ship Simulators Shipbuilding / Vessel Construction 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: 0.1311 sec (8 req/sec)