Equity Research Analyst, Maritime sector, Drewry Maritime Financial Research

Ankush Kathuria CFA, FRM

Equity Research Analyst, Maritime sector

Maritime Sector, Equity & Credit Research

Drewry Maritime Financial Research

With no ties to other players in the shipping, finance or banking world, we provide a uniquely impartial view of the markets and companies we cover. Our parent organization, Drewry is a leading independent provider of research services to the maritime and shipping industry, employing over 100 professionals across an international network of offices in London, Delhi, Singapore and Shanghai. Combining our market-leading resources with seasoned sector expertise DFRS offers a highly differentiated and comprehensive range of investment and financial research services to lenders and prospective investors in publicly listed maritime and shipping companies. The full service of reports, supporting resources and sector orientated webinars provides our clients with the most complete picture of the organisations under coverage as is possible. We have been charting and analysing the world’s maritime markets for more than 40 years. This unrivalled intelligence and understanding provides the foundation of our research service. Our analysts have access to one of the most up-to-date, comprehensive and reliable sources of market insight and research data available today. We look at globally listed companies within the following sectors: Port Operators, Container Shipping, Container Manufacturing & Leasing, LNG Shipping, Dry Bulk Shipping and Tanker Shipping. Combine in-depth sector expertise with financial analysis focusing on over 50 stocks globally.

Thematic (Sector/Industry)

Carriers have withdrawn extremely low spot market freight rates on some, but not all, routesDrewry’s Global Freight Rate Index, a weighted average of spot container freight rates across all major routes except intra-Asia, swung back in Q216 by 13% to reach $1,403 per 40ft box. The global spot rate index had dropped to an all-time low of $1,113 per 40ft container in April.The 26% jump in the global rate index between April and July follows the recent tendency of ocean carriers to increase rates…

Carriers have withdrawn extremely low spot market freight rates on some, but not all, routesDrewry’s Global Freight Rate Index, a weighted average of spot container freight rates across all major routes except intra-Asia, swung back in Q216 by 13% to reach $1,403 per 40ft box. The global spot rate index had dropped to an all-time low of $1,113 per 40ft container in April.The 26% jump in the global rate index between April and July follows the recent tendency of ocean carriers to increase rates…

Container Shipping - Freight Rates Bottoming Out ?

Bespoke Research on China and neighbouring regions, Bixmoor

Bixmoor

Bespoke Research on China and neighbouring regions

Bixmoor specialises in providing bespoke research to business, governments and the financial community on China and neighbouring regions. We seek to build long-term relationships with our clients, based on our expertise, our reliability and our determination to find the right solution.

It has been noted that private sector investment in China has been weakening, but less commented upon is the massive increase in state-sector investment, fueled by easy access to state banks and often at the expense of the smaller, more efficient private companies.

It has been noted that private sector investment in China has been weakening, but less commented upon is the massive increase in state-sector investment, fueled by easy access to state banks and often at the expense of the smaller, more efficient private companies.

Growing Worries of China's Private Entrepreneurs

<a href="http://pubs.healtheffects.org/view.php?id=455" target="_blank">A comprehensive study</a> published last week by Tsinghua University and the Health Effects Institute found that coal combustion is the single largest source of air pollution-related health problems in China, contributing to 366,000 premature deaths in 2013.The study, which is the first comprehensive assessment at national and provincial levels of future burdens of disease due to coal burning and particulates, notes that China has implemented extensive pollution control programs for power plants…

A comprehensive study published last week by Tsinghua University and the Health Effects Institute found that coal combustion is the single largest source of air pollution-related health problems in China, contributing to 366,000 premature deaths in 2013.The study, which is the first comprehensive assessment at national and provincial levels of future burdens of disease due to coal burning and particulates, notes that China has implemented extensive pollution control programs for power plants…

Coal Burning Major Cause of Health Problems in China

China Macroeconomics & Academia

Christopher Balding

Macroeconomics

The Chinese economy always has potential to surprise because of its tendency to bounce back from economic decline. It is however, no surprise that this situation owes much of the credit to the government stimulus. After witnessing an inevitable slow down since the second quarter it was anticipated that the government would inject additional stimulus this notion may be materializing.As seen in July data, there was no pickup in activity despite the expectations of industry watchers but the new…

The Chinese economy always has potential to surprise because of its tendency to bounce back from economic decline. It is however, no surprise that this situation owes much of the credit to the government stimulus. After witnessing an inevitable slow down since the second quarter it was anticipated that the government would inject additional stimulus this notion may be materializing.As seen in July data, there was no pickup in activity despite the expectations of industry watchers but the new…

Asian Equities Analyst, Logistics & Transport, Tracking Traffic

Daniel Hellberg

Asian Equities Analyst, Logistics & Transport

Equity Bottom-Up

To date, neither Ctrip.com International (ADR) (CTRP US) nor its 45%-owned affiliate Qunar Cayman Islands Ltd (QUNR US) have announced dates for the release of their Q2 (June) financial results, but we believe both companies will likely report on the same day in the last week of August. In this brief note we lay out what to expect when both companies report, and what holders (or potential buyers) of these shares should worry about.Expect pressure on air ticketing and hotel commissions to remain…

To date, neither Ctrip.com International (ADR) (CTRP US) nor its 45%-owned affiliate Qunar Cayman Islands Ltd (QUNR US) have announced dates for the release of their Q2 (June) financial results, but we believe both companies will likely report on the same day in the last week of August. In this brief note we lay out what to expect when both companies report, and what holders (or potential buyers) of these shares should worry about.Expect pressure on air ticketing and hotel commissions to remain…

Ctrip.com Q2 Earnings Preview: What to Expect, What to Fear

China

China Eastern Airlines Corporation Limited, together with its subsidiaries, operates in the civil aviation industry. It offers passenger, cargo, mail delivery, ground, cargo handling, and other extended transportation services.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

China Eastern Airlines (670 HK)

Container Shipping - Freight Rates Bottoming Out ?

Carriers have withdrawn extremely low spot market freight rates on some, but not all, routesDrewry’s Global Freight Rate Index, a weighted average...

Drewry Maritime Financial Research

Growing Worries of China's Private Entrepreneurs

It has been noted that private sector investment in China has been weakening, but less commented upon is the massive increase in state-sector...

Bixmoor

Coal Burning Major Cause of Health Problems in China

A comprehensive study published last week by Tsinghua University and the Health Effects Institute found that coal combustion is the single largest...

Bixmoor

Early Reading on Chinese August Data

The Chinese economy always has potential to surprise because of its tendency to bounce back from economic decline. It is however, no surprise that...

Christopher Balding

Ctrip.com Q2 Earnings Preview: What to Expect, What to Fear

To date, neither Ctrip.com International (ADR) (CTRP US) nor its 45%-owned affiliate Qunar Cayman Islands Ltd (QUNR US) have announced dates for...

Daniel Hellberg

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)