Equity Analyst - Marine Transportation, Drewry Maritime Financial Research

Devanshu Saluja, CIIA

Equity Analyst - Marine Transportation

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

Pacific Basin Shipping / Equity Bottom-Up

<p><strong>Freight rates to advance as tonnage shrinks and demand for minor bulks remain firm: </strong>The Baltic Dry Index (BDI), led by the rise in the rates of Capesizes, has increased from 953 to 1,727 YTD. The other dry bulk segments have also done well, albeit to a lesser extent. For instance, the Baltic Handysize Index is up a mere 12% compared with the 172% rise in the Baltic Capesize Index, reflecting the propensity of larger vessel rates to move up at a faster rate in a rising market. That said, we…</p>

Freight rates to advance as tonnage shrinks and demand for minor bulks remain firm: The Baltic Dry Index (BDI), led by the rise in the rates of Capesizes, has increased from 953 to 1,727 YTD. The other dry bulk segments have also done well, albeit to a lesser extent. For instance, the Baltic Handysize Index is up a mere 12% compared with the 172% rise in the Baltic Capesize Index, reflecting the propensity of larger vessel rates to move up at a faster rate in a rising market. That said, we…

DMFR – Handysize Segment to Catch up in 2018?