February 2023

Drewry: Despite strong long-term investment case, looming uncertainties dampen our near-term outlook

After a slow start in 1Q22, stocks prices slumped for two consecutive quarters – 2Q22 and 3Q22. This further eroded the sectors’ valuation multiple (EV/EBITDA), which was trading at a multi-year low, opening a bargain window for investors. As a result,…

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UN General Assembly Adopts Convention on the International Effect of Judicial Sales of Ships

The United Nations General Assembly adopted the UN Convention on the International Effects of Judicial Sales of Ships on 7 December 2022. The Convention looks to ensure certainty on an international scale regarding legal aspects of a ship’s judicial sa…

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