ShippingWatch

Drewry: Ports' value not reflected in share prices

The values of the twelve leading port companies are not adequately reflected in the companies’ share prices. The crisis in the international shipping industry has affected the port companies disproportionately, the Manager of Drewry Equity Research, David Wilson, says.

Photo: Maersk Line

The values of the world’s largest port companies are not sufficiently reflected in the companies’ share prices. So thinks David Wilson, Manager of the new branch of the globally renowned British analyses company Drewry, Drewry Equity Research.

“Global ports have to a too high degree been affected by the general crisis in shipping, and the shares in the listed port companies have not been doing well for the past 12 months despite the fact that ports are very stable businesses. Therefore there are some discrepancies in the markets which we are very keen to point our. Every single one of the 12 global port companies possess some upsides we do not think are properly reflected” David Wilson tells ShippingWatch.

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