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Drewry Maritime Financial Insight – July 2022
[ August 3, 2022 // Gary G Burrows ]Drewry container equity index slumped 25.9% YTD 2022, as of July 15, 2022, after recording a significant valuation gain of 79% and 133.7% in 2020 and 2021 respectively. Liner stocks started 2022 on a positive note but the global polycrisis originating from the decade-high inflation, tight liquidity and geopolitical crisis between Russia and Ukraine forced investors to look for safe heavens; as a reul, quity markets fell workwide, eroding the sector’s valuation.
Tags: Drewry Maritime