DP World Squeezeout - Governance Discount Deserved (And Served) So Minorities Lose
Dubai-owned ports operator DP World has been a fixture in the M&A and offshore M&A space the last decade, with a dozen and a half...
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DPW: Sailing Further It Can Row Back
We believe the valuations are cheap as DPW trades at 9.3x EV/EBITDA LTM compared with 12.4x for companies we cover. We estimate 2019 growth will...
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DP World: Fundamentals Drive Growth Amid Non-Core Expansion
DPW intensified activities in the non-terminal segment in 2018 acquiring businesses in warehousing, logistics and shipping services. The strategy...
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Moderate Throughput Growth Y/Y, High Valuations and Interest Rate Hikes Weigh on Ports Bonds
Maritime bonds performance in 2017 and YTD: Bonds issued by the companies that operate in the dry bulk and container shipping sectors have...
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OOIL Drifts Below HK$70 on Inklings of Concerns Over Trump Approvals for Long Beach - COSCO Deal
Concerns this week resurfaced regarding the COSCO SHIPPING Holdings Co., Ltd (H) (1919 HK) acquisition of Orient Overseas International Ltd (316...
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