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Maritime Advisors

Sector Expertise

Key Contacts

Jayendu Krishna

Jayendu Krishna

Director, Drewry Maritime Advisors
Melissa Charn

Melissa Charn

Project Manager, Drewry Maritime Advisors

Dry Bulk Shipping

Drewry provides expert advice to Financial Institutions, Shipping Companies and Industrial Users covering the full spectrum of commercial and technical aspects of the dry bulk shipping market. Our team is made up of industry professionals, economists and technical experts, providing rigorous analysis and a practical understanding of the dry bulk market.

The Dry Bulk Shipping team provides strategic, commercial and technical advisory services to industry players and investors. Our approach is to provide a bespoke package to each client, working to ensure that each project focuses on achieving its core objectives and that the analysis we prepare answers the client’s fundamental project questions. These questions range from whether it is the right time to invest in the sector to how to manage seafreight to ensure corporate competitiveness.

 

In all our projects, our starting point is an in-depth understanding of the characteristics and dynamics of the dry bulk market and a clear view of the outlook for the sector’s earnings and asset values. The advisory team works closely with Drewry’s Dry Bulk Research team, who provide up to date analysis on key dry bulk commodities, market rates and asset values, the newbuild orderbook and other key industry trends.

 

This understanding of the market underpins our work in market analysis, commercial due diligence, valuation and investment appraisal. We prepare earnings and asset value projections under a variety of scenarios and combine this with financial modelling and analysis to allow clients to see the likely outcomes of planned investment.

 

The outlook for the market and specific commodity sectors is used by our advisors in seafreight strategy and CoA tendering advice. The advisory team has the experience to assist in seafreight contract negotiations.

Drewry’s in-house technical experts are able to offer a full range of technical services including Health and Safety due diligence, operating cost benchmarking and physical inspection of vessels.

 

The combination of commercial and technical expertise means that Drewry’s Dry Bulk team has the complete set of capabilities required to service all stakeholders within the dry bulk market.

 

Our Service Capabilities

Commercial and market assessment

  • Dry bulk market outlook
  • Projections of earnings and asset values

  • Valuation

  • Vessel valuation (Charter free, Charter attached)

  • Residual Value assessment

  • Investment due diligence of target company

  • IPO/Private placement support

  • Seafreight strategy development for industrial users

  • Freight rate benchmarking

  • Freight cost assessment model for contract negotiation

  • Counterparty due diligence

  • Contract of affreightment tendering advice

  • Strategic planning and investment

  • Mergers and Acquisition assistance

  • Market entry and exit

Technical due diligence of vessels (to assess seaworthiness of vessels)

  • Health, Safety and Environment due diligence
  • Oversight supervision of vessels under construction
  • Operating cost benchmarking
  • Physical inspection of vessels

Financial assessment

  • Financial modelling
  • Earnings benchmarking

Key Contacts

Jayendu Krishna

Jayendu Krishna

Director, Drewry Maritime Advisors
Melissa Charn

Melissa Charn

Project Manager, Drewry Maritime Advisors

Recent Projects

Ship leasing company due diligence

Drewry conducted an independent market assessment of dry bulk, containers and liquid bulk and undertook vessel valuation (charter free and charter attached) of the target company’s entire fleet.

Seafreight strategy

A Brazilian coal mining and power generation company sought our assistance in assessing freight procurement options for importing coal for its local thermal power plants.

6

$6bn: The combined value of container shipping industry investments we have advised on since 2010.

20

$20bn: The value of financing projects we have provided commercial due diligence advice for in port M&A since 2010.

48

The number of countries in which our Maritime Advisors have completed assignments since 2005.

400

Our advisors have been involved in over 400 port assignments over the past 10 years.