Maritime Financial Research


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Model Stock Portfolio Overview

In February 2016 Drewry Maritime Equity Research (DMER) launched a model portfolio - selecting stocks within the global maritime space to ensure a balanced approach to managing risk in a low return environment.

Recommended stocks are hand-picked based on the fundamentals of each entity, coupled with near-term triggers. The objective of the model portfolio is to generate optimum returns in conjunction with moderate risk.


It is important to note that shipping is a high-beta sector; it is therefore not uncommon for shipping stocks to under-perform or out-perform the financial markets by a wide alpha.


At the launch of the portfolio in February, Rahul Kapoor, Director, Equity Research at Drewry commented, "Global trade is a key barometer for the health of the world economy and what better than to take exposure to this exciting sector when valuations are in your favour and at cyclically low point. Maritime stocks are paying the price of Chinese linkages and have been battered on slowdown in global trade and excess capacity. We expect the cycle to turn in coming quarters and the current valuations present good opportunities in our favoured sectors for medium to longer term investors."

Related News

‘Returns set for a comeback’, DFRS, Shipping Outlook 2017

With supply continuing to normalise DFRS sees real profitability and returns emerging over the next 12-18 months.

J Lines’ merger is all about scale and survival

Today’s announcement that three Japanese shipping groups will merge their liner shipping businesses is further evidence of ’survival M&A’ sweeping the industry, a trend which is expected to continue.


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


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


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


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



Drewry Maritime Financial insight - Shipping Outlook 2017

Maritime Financial Insight 10 Jan 2017 PDF

A. P. Moller Maersk - Looking through the noise double upgrade to Attractive

Event Update 01 Dec 2016 PDF

Golden Ocean 3Q16 - Results update

Event Update 28 Nov 2016 PDF

Star Bulk Carriers 3Q16 - Results Update

Event Update 25 Nov 2016 PDF

Diana Shipping 3Q16 - Earnings weakness in line with expectations; maintain Neutral view

Event Update 22 Nov 2016 PDF

DS Norden - Company Update

Event Update 17 Nov 2016 PDF

Teekay Tankers 3Q16 - Reduce fair value on asset disposal; maintain Neutral stance

Event Update 17 Nov 2016 PDF

Hapag-Lloyd 3Q16 - Results update - Back to black despite weak top line

Event Update 16 Nov 2016 PDF

DHT Holdings 3Q16 - Results update - Slash our fair value estimate in light of impairments; reiterate Neutral

Event Update 16 Nov 2016 PDF

Euronav 3Q16 - Results update - Weaker rates and high opex erode earnings; reduce fair value

Event Update 15 Nov 2016 PDF

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