The Investor Relations Experts for Shipping February 2016 A Global Informational, Promotional & Networking Platform For The Shipping Industry Shipping Industry Overview
The Investor Relations Experts for Shipping
February 2016
A Global Informational, Promotional& Networking Platform For The Shipping Industry
Shipping Industry Overview
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SHIPPING INDUSTRY
• Institutional shareholders currently investing in shipping companies listed in the US1,200
• Shipping companies currently listed in the US49
• Analysts who follow shipping industry35
• Total Market Cap in the Shipping Industry20.5B
• Held by institutional and retail shareholders13.8B
2
Shipping Industry Overview
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SHIPPING INDUSTRY
3
Shipping & The Capital Markets
Equity, Preferred Stocks, and Bonds
COMMON EQUITY
Number of Companies Market Cap ($) Held by Investors Source
49 20.5B 13.8B Bloomberg
PREFERRED EQUITY
Number of Issues Amount ($m) Source
22 $1,764 Stifel Report
BONDS
Number of Issues Amount Outstanding($m) Source
72 $19,365.70 Stifel Report
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SHIPPING INDUSTRY
4
Institutional Shareholders vs Retail Shareholders
Market Cap ($) Float in ($)
Float Held by
Institutional Investors ($)
Float Held by
Retail Shareholders ($)
20.5B 13.8B 8.7B 5.1B
63%
37%
*As of February 2016
Institutional Investors
Retail Investors
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SHIPPING INDUSTRY
5
0 100 200 300 400 500
Capital Research Global Investors
Neuberger Berman, LLC
WL Ross & Company, L.L.C.
Kayne Anderson Capital Advisors, L.P.
Bank of America Merrill Lynch
Magnetar Capital Partners LP
Goldman Sachs Asset Management
BlackRock Institutional Trust Company, N.A.
Fidelity Management & Research Company
Oaktree Capital Management, L.P.
*As of February 2016
Top 10 Institutional Investors* ($ml)
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SHIPPING INDUSTRY
6
100%
1.37%
0.9%
*As of February 2016
Overall Market
Transportation
Shipping
Ratio of Shipping Industry Market Cap to Transportation and Overall Market
Overall Market Transportation Shipping
Market Cap* ($) 24.3T 332.7B 20.5B
94%
6%Transportation
Shipping
Ratio of Shipping Industry Market Cap to Transportation
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SHIPPING INDUSTRY
Containers Tankers Dry Bulk LPG/LNG Mixed Fleet MLPs*
# of Companies 6 16 14 10 3 10
Market Cap*($ml) $2,691 $9,287 $816 $6,061 $1,464 $4,002
Float ($ml) $986 $7,169 $523 $4,540 $912 $3,366
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Breakdown by Sectors
*As of February 2016
Drybulk, 4.0%
Tankers,
46.0%
Containers,
13.0%
LNG/LPG,
30.0% Mixed Fleet,
7.0%
MLP, 20.0%
Drybulk
Tankers
Containers
LPG/LNG
Mixed Fleet
MLP
Total Market Cap ($)
Drybulk,
3.8%
Tankers,
52.1%
Containers,
7.2%
LNG/LPG,
33.0%
Mixed Fleet,
6.6%
MLP, 24.5%
Drybulk
Tankers
Containers
LPG/LNG
Mixed Fleet
MLP
Float ($)
* MLPs are included in their own sector
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SHIPPING INDUSTRY
Containers Tankers Dry Bulk LPG/LNG Mixed Fleet MLPs*
# of Companies 6 16 14 10 3 10
Market Cap*($ml) $2,691 $9,287 $816 $6,061 $1,464 $4,002
Float ($ml) $986 $7,169 $523 $4,540 $912 $3,366
Float/Market Cap % 37% 77% 64% 71% 62% 84%
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Breakdown by Sector
*As of February 2016
Float Percentages ContainersTankers Dry Bulk LPG/LNG Mixed Fleet MLPs*
Float Held by Institutions 31% 67% 47% 86% 99% 71%
Float Held by Retail 69% 33% 53% 14% 1% 29%
* MLPs are included in their own sector
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SHIPPING INDUSTRY
9
Number of Companies ($ml)
US Listed MLPs (including shipping) Total
Market Cap 145 $379,764.50
Shipping MLPs Total Market Cap 10 $4,002
Shipping MLPs Total Float 10 $3,366
MLPs – Looking Ahead
98.9%
1.1%
All US Listed MLPs
Shipping MLPs
Ratio of US Listed MLPs vs Shipping MLPs
*As of February 2016
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SHIPPING INDUSTRY
10
Market Cap vs. Float # of Companies ($ml)
Shipping MLPs Total Market Cap 10 $4,002
Shipping MLPs Total Float 10 $3,366
MLPs
*As of February 2016
16%
84%
Shipping MLPs Total Float
Shipping MLPs Total Market Cap vs. Float
75%
25%
Float held by Institutions vs. Retail
Held by Institutions
Held by Retailer
Float held by Institutions vs. Retail # of Companies ($ml)
Shipping MLPs Float held by Institutions 10 $2,514
Shipping MLPs Float held by Retail 10 $ 853
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SHIPPING INDUSTRY
11
Range # of Companies
> 4M 1
1-4M 8
500k -1M 10
300K-500K 7
< 300K 23
3 – Month Average Daily Trading Volume(Number of Shares Traded)
0
500.000
1.000.000
1.500.000
2.000.000
2.500.000
3.000.000
3.500.000
4.000.000
4.500.000
5.000.000
1 8 10 19 11
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SHIPPING INDUSTRY
Capital Link Maritime Index vs. S&P Index vs. WTI Index
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WTI Index
S& P Index
Capital Link
Maritime Index
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SHIPPING INDUSTRY
Capital Link Dry Bulk Stock Index vs. Baltic Dry Index
13
Baltic Dry Bulk Index
Capital Link Maritime
Dry Bulk Index
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SHIPPING INDUSTRY
Capital Link Tanker Stock Index vs. Baltic Tanker Index vs. WTI
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Capital Link Maritime
Tanker Index
Baltic Dirty
Tanker Index
Baltic Clean
Tanker Index
WTI Index