Cosco Shipping Ports: High Leverage Sustains Europe Expansion
We use DCF with a derived fair value of HKD 7.63 per share (previously HKD 8.8). We ascribe 21x PE for its equity stake terminals and use the DCF...
628 Views
Drewry Ports Outlook 2019- Trade Concerns Keep Investor Appetite in Check
Financial performances of port operators came under the double-edged sword of weak macro and protectionist trade practices. As such, volume...
509 Views
TRACKING TRAFFIC/Containers & Air Cargo: December Box Rates & Volume Firm | Air Cargo Weak, Again
Tracking Traffic/Containers & Air Cargo is the hub for all of our research on container shipping and air cargo, featuring analysis of...
381 Views
TRACKING TRAFFIC/Containers & Air Cargo: Container Rates Up | Ocean & Air Volume Growth Deflates
Tracking Traffic/Containers & Air Cargo is the hub for all of our research on container shipping and air cargo, featuring analysis of...
822 Views
TRACKING TRAFFIC/Containers & Air Cargo: Box Volume, Rates Both Move Up | Fuel Prices Retreat
Tracking Traffic/Containers & Air Cargo is the hub for all of our research on container shipping and air cargo, featuring analysis of...
388 Views