February 7 - Drewry Financial Research Services, the investment research arm of shipping consultancy Drewry, is launching a credit research service for the global maritime sector.

According to Drewry, it will provide a full investment research service which includes in-depth analysis of the credit instruments that underpin corporate capital structure and provide an investment proposition in asset allocation for institutional investors.

Launching with an analysis of the listed bonds of three major container shipping companies, A.P. Moller Maersk, CMA CGM and Hapag Lloyd, the service will expand to cover other maritime sectors including port operators, dry bulk, tanker and gas shipping. 

Commenting on the launch, Rahul Kapoor, head of Drewry Financial Research Services, said: "We believe there is a growing need for objective, independent credit research on the highly complex bond structures within the maritime sector. The new offering provides an impartial view of both global maritime bonds and listed credit instruments and will help market participants analyse their investments as well as monitor the creditworthiness of counterparties."

www.drewry.co.uk