The leading shipping companies, port authorities and financial institutions choose Drewry. Our knowledge of shipping and logistics has helped to transform uncertainty into opportunity, strategy into revenue streams, vision into better business performance. From our bases in London, Singapore, india and china, supported by associates across the world, We can deliver world class advice anywhere and anytime.
The leading shipping companies, port authorities and financial institutions choose Drewry. Our knowledge of shipping and logistics has helped to transform uncertainty into opportunity, strategy into revenue streams, vision into better business performance. From our bases in London, Singapore, india and china, supported by associates across the world, We can deliver world class advice anywhere and anytime.
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2.30 -Arjun Batra- Indonesia Maritime Expo 06092013
The leading shipping companies, port authorities and financial institutions choose Drewry. Our knowledge of shipping and logistics has helped to transform uncertainty into opportunity, strategy into revenue streams, vision into better business performance. From our bases in London, Singapore, india and china, supported by associates across the world, We can deliver world class advice anywhere and anytime.
The leading shipping companies, port authorities and financial institutions choose Drewry. Our knowledge of shipping and logistics has helped to transform uncertainty into opportunity, strategy into revenue streams, vision into better business performance. From our bases in London, Singapore, india and china, supported by associates across the world, We can deliver world class advice anywhere and anytime.
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Drewry 2013
1 Drewry | Indonesia Maritime Expo 2013
1 Maritime Finance in Indonesia -Staying afloat in an extremely challenging environment Indonesia Maritime Expo 2013 Arjun Batra | Group Managing Director Drewry Shipping Consultants Ltd 5-7 September 2013, Jakarta Drewry 2013 3 Drewry | Indonesia Maritime Expo 2013 Drewry Drewry helps client organisations turn uncertainty into opportunity. To chart the ecology of risk and reward so the right decisions can be made, whatever the economic climate. Enabling clients to emerge stronger than before We achieve this through: Our consultancy team - people with senior management experience in strategic, financial and operational aspects of shipping related activities. Who can apply a multidisciplinary and tailored approach to solutions provision. Our range of publications covering all key maritime sectors, keeping business leaders up to date with trends, projections and opinions. Drewry 2013 4 Drewry | Indonesia Maritime Expo 2013 Drewry We have unique and exclusive access to a powerful, independent research capability that underscores our consultancy and publishing activities. From our bases in London, Singapore, India and China, supported by associates across the world, Drewry can deliver world class advice anywhere and anytime. That is why the leading shipping companies, port authorities, government departments and financial institutions choose Drewry.
So the way Drewry sees it is: upturns, downturns, when business leaders need intelligence, they turn to Drewry. For more than four decades, our knowledge of shipping and logistics has helped to transform uncertainty into opportunity, strategy into revenue streams, vision into better business performance. Drewry 2013 5 Drewry | Indonesia Maritime Expo 2013 Challenging market Low freight rate Low asset values For whom Traditional conservative owners Maintained calm in 2006-2008 period Made hay while the sun was shining without expanding Aggressive and speculative Owners Expanded in 2006-2008 At high asset price With high leverage Current situation in low market Traditional ship owners Accumulated large cash reserves Low debt Great opportunity Aggressive and speculative Owners Destroyed Balance sheet Very high debt No ability to take advantage of opportunity Challenging market environment: For Whom? 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 J u n - 0 0 O c t - 0 0 F e b - 0 1 J u n - 0 1 O c t - 0 1 F e b - 0 2 J u n - 0 2 O c t - 0 2 F e b - 0 3 J u n - 0 3 O c t - 0 3 F e b - 0 4 J u n - 0 4 O c t - 0 4 F e b - 0 5 J u n - 0 5 O c t - 0 5 F e b - 0 6 J u n - 0 6 O c t - 0 6 F e b - 0 7 J u n - 0 7 O c t - 0 7 F e b - 0 8 J u n - 0 8 O c t - 0 8 F e b - 0 9 J u n - 0 9 O c t - 0 9 F e b - 1 0 J u n - 1 0 O c t - 1 0 F e b - 1 1 J u n - 1 1 O c t - 1 1 F e b - 1 2 J u n - 1 2 O c t - 1 2 F e b - 1 3 J u n - 1 3 Baltic Dry Index Baltic Dry Index - 1,000 2,000 3,000 4,000 BDTI BCTI Baltic Tanker Index Drewry 2013 6 Drewry | Indonesia Maritime Expo 2013 Current market: Low asset price, Dearth of ship finance Historical perspective Very low interest rate has caused risk off approach to investment and asset price bubbles in the ship prices . Return on Investments requirements have fallen . High volatility in prices. Shipping sector is being treated like real estate investment and a hedge against inflation.
Current market Low asset price Great time for those who have the ability to expand Low charter rate, Low cash flow No security for banks to lend against particularly for the small owners Traditional shipping finance banks have downsized due to losses in shipping and other sectors and regulatory pressures As market recovers and cash flow improves, Banks finance will become available again , This may be the traditional ship financiers or new banks.
Source: Drewry Maritime Research Drewry 2013 7 Drewry | Indonesia Maritime Expo 2013 Drewry Maritime Equity Research DMER, a new investment service from Drewry Significant opportunity to deliver independent and unbiased equity research advice to the institutional marketplace
Strives to deliver best in quality investment service on listed maritime companies leveraging Drewrys market leading expertise within the maritime sector
Coverage Universe 12 Global Port Operators - 12 Ports covered, Cosco Pacific, HPH Trust, ICTSI, DP World, CMHI, Dalian Port, Tianjin Port Dev, Santos Brasil, Global Ports Inv, HHLA AG
15 Global Container Companies - Neptune Orient Lines, Orient Overseas Int Ltd, China Shipping Container Lines, A P Moller Maersk, Evergreen Marine, Yang Ming Corp, Hanjin Shipping, Hyundai Merchant Marine, NYK, Mitsui OSK Lines, K line
Container Manufacturing and Leasing - CIMC, Singamas, TAL international, Textainer,
Drewry Financial Research Services Ltd. is authorised by the Financial Services Authority (FSA). Firm FSA Ref No - 572297 Write to us at [email protected] or call +65 - 6220 9890 Drewry 2013 8 Drewry | Indonesia Maritime Expo 2013 Thank you. We have offices in London, Delhi, Singapore and Shanghai [email protected] market reports and forecasts consultancy services on the shipping and ports industries freight procurement benchmarking and advice to importers and exporters specialist research service and forecast for maritime investors Drewry 2013 9 Drewry | Indonesia Maritime Expo 2013 Contact UK Office Drewry Shipping Consultants Ltd 15-17 Christopher Street, London EC2A 2BS, United Kingdom t: +44 (0)20 7538 0191 e: [email protected] India Office Drewry Maritime Services Private Limited 209 Vipul Square, Sushant Lok-1 Gurgaon, Haryana-122002, India t: +91 124 497 4979 e: [email protected] Singapore Office Drewry Maritime Services (Asia) Pte, Ltd. 15 Hoe Chiang Road, #13-02 Tower fifteen Singapore 089316 t: +65 6220 9890 e: [email protected] China Office Rep office of Drewry Maritime Services (Asia) Office 555, 5th floor Standard Chartered Tower, No. 201 Shi Ji Avenue, Pudong District: Shanghai, China t: +86-2161826759 e: [email protected] Email : [email protected] Mobile: +65 9026 7320 Arjun Batra Group Managing Director