Drewry Shipping Consultants Ltd’s Post

For the week ending 9 August, the majority of the Drewry Equity Indices declined except for Product tankers and Ports, which rose 0.4% and 0.3% WoW respectively. The container index plunged 3.7% as spot rates continued to fall. Crude Tanker and Dry Bulk declined by 1.7% and 1.0% respectively. The LPG and LNG indices remained muted. For detailed commentary on sector-specific indices, read more at:  https://lnkd.in/ecPwqTJB #shipping #equity #maritimestocks

For the week ending 26 July, the majority of the Drewry sectoral equity indices declined with Dry Bulk (-3.1%) and Port (-1.8%) Equity Indices falling the most.   The Dry Bulk Index fell due to a decline in Capesize spot rates. The Product Tankers, Container, and Crude Tanker Index slid 1.7%, 0.6%, and 0.3% respectively. LPG remained in green with a rise of 1.8%, while the LNG Index remained flat.   For detailed commentary on sector-specific indices, continue reading at: https://lnkd.in/e7Kv_brK #shipping #maritimestocks #equity

Drewry's Container Equity Index was up 6.2% WoW (vs. S&P 500 up 1.3%) for the week ending 7 June, outpacing all other Drewry sectoral equity indices. The container index rose as spot rates spiked. Among others, the LNG Shipping Equity Index grew 4.5%, Ports increased 4.3%, while the Crude Tanker, Product Tanker, and LPG shipping index declined.  Read on for sector-specific indices commentary: https://lnkd.in/ezhUdUKn #shipping #equity #maritimestocks

For the week ending 19 July, the Crude and Product Equity Index rose 1.2% and 0.3% due to an increase in spot rates. Conversely, all other indices experienced a decline, with Container (-3.1%) and LPG (-2.9%) Equity Index falling the most. The Container Index weakened as spot rates appear to be peaking. Dry Bulk, Ports and LNG declined 2.1%, 1.2% and 1.1% respectively.   For a detailed commentary on sector-specific indices, continue reading at: https://lnkd.in/ex6KFRrR #shipping #maritimestocks #equity

For the week ending 4 October, the Drewry Indices were a mixed bag.  The LPG index rose 7.9% due to surging VLGC TCE rates. The Crude Tanker Index increased 6.4% following the growing tensions in the Middle East. On the flip side, the LNG Index declined 0.6% and the Container Index dropped 9.2% as the strikes on the U.S. East Coast were suspended following a tentative wage deal. For more detailed commentary on sector-specific indices, continue reading at: https://lnkd.in/euefwpg2 #shipping #financialresearch #maritimestocks

Drewry Maritime Equity Indices continued their upward trajectory last week. All the shipping sectors gained, with the Drewry Crude Tanker Equity Index leading the pack with a 4.7% WoW increase, followed closely by Container Shipping (+4.5%), LPG (+4.2%) and Product Tanker (+3.9%). This surge was fuelled by a rise in spot rates in most of the shipping sectors. Notably, on a YTD basis, most of the indices have outperformed the broader market S&P 500, which is up 11.2% YTD. These sectoral equity indices have mainly benefited from the surge in spot rates due to the ongoing Red Sea crisis. Read on for sector-specific indices commentary: https://lnkd.in/e2D3keS5 #shipping #equity #maritimestocks

The majority of the Drewry Maritime equity indices recovered last week after sharply declining the week before. Drewry Product Tanker Equity Index was up 6.1% WoW (vs. S&P 500 up 0.7%) for the week ending 21 June, outpacing all other Drewry sectoral equity indices. The product tanker index rose amid firm spot rates of LR and MR tankers. The Port Index and LNG shipping index declined. Read on for sector-specific indices commentary at: https://lnkd.in/dFbsjpDU #shipping #equity #maritimestocks

Drewry Maritime Equity Indices - 28 May 2024 Drewry LPG Shipping Equity Index was up 5.3% (vs. flat S&P 500) last week, outpacing all other Drewry sectoral equity indices. The LPG equity index mainly benefited from robust 1Q24 results. Among others, container shipping grew 2.5%, while crude tankers and LNG shipping declined. Read on for sector-specific indices commentary. Requires registration though free. https://lnkd.in/gh3Vp6Hm #equity #shipping #investment #portfolio #indices

For the week ending 20 September, the majority of Drewry equity Indices were on the rise with the exception of LPG, which declined 0.6%. The Container Index rose 6.3% due to the increased probability of another spot rate spike amid multiple general rate increase announcements by carriers. Dry Bulk and Crude Tanker Index increased 4.3% and 1.5% respectively due to a rise in TCE rates. LNG Index rose 1.8% mainly due to a 7% increase in Golar LNG share price. For detailed commentary on sector-specific indices, continue reading at: https://lnkd.in/eYfUvXWt #shipping #equity #maritimestocks

Amid the ongoing Middle East conflicts and OPEC+ production cuts, the Drewry Crude Tanker Equity Index rose 6.3% YTD (as of 24 April). Meanwhile, the Drewry Product Tanker Equity Index surged by 14.7% YTD, outpacing the S&P 500 which increased by 6.3%.   Read on for detailed commentary to know the factors driving the upswing: https://lnkd.in/exTZN9Fp #shipping #equity #shippingstocks