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 November 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Madsen to Chair Norway’s Research Council Executive Board

Henrik O. Madsen appointed chairman of the executive board of the Research Council of Norway   DNV GL president and CEO Henrik O. Madsen was appointed as chairman

Port of Houston Expecting Record Year

The Port of Houston Authority is expecting 2014 to close as a banner year for the port, with 34 million tons of cargo handled through November, Executive Director

Hapag-Lloyd Completes CSAV Merger Capital Increase

Hapag-Lloyd completed the planned capital increase of EUR 370 million (approximately $452.5 million) as part of the business combination with the Chilean shipping

News

Port Workers in Argentine Grain Hub End Strike

Port workers in part of the Argentine grains hub of Rosario lifted a work stoppage on Friday, only a day after they went on strike over demands for higher year-end bonuses, a union official said.

Madsen to Chair Norway’s Research Council Executive Board

Henrik O. Madsen appointed chairman of the executive board of the Research Council of Norway   DNV GL president and CEO Henrik O. Madsen was appointed as chairman

Larger Tankers May Offer Better Return Chances

Investors looking for returns in the tanker markets can invest their capital in a variety of ways. Should an owner invest in a VLCC or an Aframax? How about an

People in the News

Madsen to Chair Norway’s Research Council Executive Board

Henrik O. Madsen appointed chairman of the executive board of the Research Council of Norway   DNV GL president and CEO Henrik O. Madsen was appointed as chairman

Damen Shipyards Galati wins Dutch Romanian Award

Damen Shipyards Galati has been presented with the Dutch Romanian Business Award for its Corporate Social Responsibility plan, particularly the Group’s community investment initiatives.

Lowrance Renews Insight Genesis College Cup

Lowrance®, a world-leading brand in fishing electronics since 1957— announced today the renewal of its Insight Genesis™ College Cup. In its second year, the

Logistics

Port Workers in Argentine Grain Hub End Strike

Port workers in part of the Argentine grains hub of Rosario lifted a work stoppage on Friday, only a day after they went on strike over demands for higher year-end bonuses, a union official said.

Port of Houston Expecting Record Year

The Port of Houston Authority is expecting 2014 to close as a banner year for the port, with 34 million tons of cargo handled through November, Executive Director

Costa Rica Approves APM Terminals Project

Port operator APM Terminals, a unit of Denmark's A.P. Moller-Maersk, said on Friday Costa Rica's environment agency had approved the construction of its Moin Container Terminal project.

 
 
Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Pipelines Port Authority Salvage Ship Electronics Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | 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: 0.2384 sec (4 req/sec)