Report

Does volatility in Baltic TCE rates drive tanker shipping stocks?

The tanker shipping market witnessed high volatility in spot rates with unusual peaks in March and April which was reflected in surge in stock prices within few weeks in April. Similarly, the continuous fall in Baltic TCE rates over the past six months took a toll on the stock of crude carriers, and the value of portfolio of tanker shipping companies eroded by ~44% since the recent peak of April 2020.
Provider
Drewry Maritime Equity Research
Drewry Maritime Equity Research

Drewry, since 1970, has been providing research and advisory services on the global Maritime and Shipping industries and has established itself as a firm with long history of credibility and expertise on various aspects of the maritime industry. Leveraging this in-depth market knowledge and understanding, we have extended our offering to deliver a unique, independent investment research service on globally listed companies operating in the maritime industry. Under the brand Drewry Maritime Equity Research and in accordance with the FCA, DMER led by Rahul Kapoor and his team, offers fundamental analysis on listed companies. DMER analysts have access to one of the most up-to-date, comprehensive and reliable sources of market insight and research data available today. By combining these market-leading resources with seasoned sector expertise and commercial awareness, we are able to offer a highly differentiated and comprehensive investment research service to prospective investors in listed maritime companies. 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.

Analysts
Nikesh Shukla

Other Reports from Drewry Maritime Equity Research

ResearchPool Subscriptions

Get the most out of your insights

Get in touch