How to Make Shipping Investable, Again 29 th Annual Marine Money Week - - PowerPoint PPT Presentation

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Feb 12, 2024 316 likes •361 views

How to Make Shipping Investable, Again 29 th Annual Marine Money Week Dramatic Underperformance by Shipping Shares Confidential 21016 YTD 1-Year 3-Year 5-Year Crude (1) -32.6% -35.9% +13.8% -79.9% Product (2) -32.9% -40.2% -30.0%

SLIDE 1

29th Annual Marine Money Week

How to Make Shipping Investable, Again…

SLIDE 2

Confidential

Source: FactSet as of 6/21/2016 (1) Crude index includes: DHT, EURN, FRO, GNRT, NAT, TIL (2) Product index includes: ASC, DIS, HAFNIA, STNG (3) Containership index includes: CMRE, DAC, DCIX, GSL, SSW, TEU (4) Dry index includes: BALT, DRYS, DSX, EGLE, GNK, GOGL, NM, SALT, SB, SBLK

Dramatic Underperformance by Shipping Shares

21016 YTD 1-Year 3-Year 5-Year Crude (1)

32.6%
35.9%

+13.8%

79.9%

Product (2)

32.9%
40.2%
30.0%
42.9%

Containership (3)

17.4%
43.6%
42.1%
39.8%

Dry Bulk (4)

47.8%
81.9%
96.0%
98.6%

S&P 500 +2.3%

1.5%

+31.4% +61.5%

SLIDE 3

Confidential

Source: FactSet as of 6/17/2016

New Shipping Issues – Since January 1, 2014

Traded Up Traded Down IPOs Follow-ons 6 3 37 Traded Up Traded Down 40

Down 36% Up 24% Down 52%