AP Moller Maersk - Sometime to Go Before Hitting Full Throttle

Container Shipping 2018 - Demand Buoyancy Drives Positive Outlook

AP Moller Maersk A/S (MAERSKB DC) - Positive, with Cautious Optimism

Hapag-Lloyd AG (HLAG GR) - Decoding the Share Price Volatility

Equity analyst - Containers, Drewry Maritime Financial Research

Nilesh Tiwary

Equity analyst - Containers

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.

Equity Bottom-Up

AP Moller - Maersk A/S / Equity Bottom-Up

AP Moller Maersk reported its 4Q17 and FY17 numbers on 9 February 2018. The company’s underlying profit from continuing operations stood at USD 356m. However, after including the impact from the discontinued operations, total losses turned out to be USD 1.2bn (DMFR’s loss estimate USD 1.03bn). Maersk Line reported a full-year profit of USD 541m for FY17, slightly lower than our estimate of USD 596m. After initially reacting negatively on Friday, the stock at the time of writing today was up ~3%…

AP Moller Maersk reported its 4Q17 and FY17 numbers on 9 February 2018. The company’s underlying profit from continuing operations stood at USD 356m. However, after including the impact from the discontinued operations, total losses turned out to be USD 1.2bn (DMFR’s loss estimate USD 1.03bn). Maersk Line reported a full-year profit of USD 541m for FY17, slightly lower than our estimate of USD 596m. After initially reacting negatively on Friday, the stock at the time of writing today was up ~3%…

AP Moller Maersk – Results on Expected Lines