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Deutsche Bank Securities Provides Weekly Marine-DB Shipping Report
February 14, 2012

NEW YORK, February 14 (FinanceEnquiry.com) - Analysts at Deutsche Bank Securities provide weekly Marine-DB Shipping report.

In a research note published on February 13, the analysts state that in the previous week, the strong year-to-date performance of the S&P 500 and Dow Transportation indices weakened, as the indices closed a week lower by 0.2 percent and 2.1 percent, respectively. The tanker and container universes underperformed the market, with losses of 6.6 percent and 1.7 percent w/w, respectively, as rates trended lower in both the sectors, the analysts add. Though, the dry bulk universe of the analysts expected a solid rally, up 14.2 percent w/w, as there was an improvement in the BDI of 10.5 percent w/w. Moreover, spot exposed that EGLE, GNK and EXM saw the strongest profits.
 

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