- Port equities led the market, with the Drewry Port Equity Index rising 1.6% WoW and maintaining a strong 15.4% YTD gain, outperforming the broader S&P 500.
- Container shipping stocks declined, as the Drewry Container Equity Index fell 2.9%, weighed down by renewed US-China trade tensions and softer Asia–Europe freight rates.
- Crude tanker shares eased 3.0%, impacted by lower VLCC spot rates and geopolitical developments, though the segment remains up 37.3% YTD.
- The report reflected a divergent performance across maritime sectors, signaling mixed investor sentiment amid shifting global trade and oil dynamics.
The latest Drewry Maritime Equity Indices report for the week ending 10 October 2025 highlighted a mixed performance across the maritime equity markets, reflecting varied investor sentiment across different shipping segments. The update tracked weekly and year-to-date changes across key indices including ports, containers, dry bulk, and tankers. The report provided a comparative overview against benchmarks such as the S&P 500 and Russell 2000, offering insights into global maritime equity trends, as published by Drewry Maritime Financial Research.
Ports and Terminal Shipping
The Drewry Port Equity Index (DPEI) advanced 1.6% week-on-week (WoW), extending its year-to-date (YTD) gain to 15.4% as of 10 October 2025. Global Terminal Operators (GTOs) posted a 1.9% rise, while Regional Terminal Operators (RTOs) remained stable with a 0.1% dip. Abu Dhabi Ports led gains with a 6.0% increase, followed by ICTSI at +2.1%, offsetting declines in COSCO (-1.4%) and HHLA (-1.0%). Overall, port equities outperformed the broader S&P 500, which fell 2.4% during the same period, underscoring the relative resilience of the port sector amid broader market volatility.
Container Shipping
As of 10 Oct 2025, the Drewry Container Equity Index (DCEI) fell 2.9% WoW underperforming the S&P 500 which fell 1.1% during the same period. DCEI declined as investor confidence soured due to recent escalation in US-China trade tensions and the potential reopening of Suez Canal putting pressure on already weak Asia-Europe rates.
The Drewry WCI fell 1.1% WoW continuing its decline for the 17th consecutive week. On YTD basis DCEI is down 1.4% underperforming S&P 500 which is up 11.4%.
Drybulk Shipping
For the week ending 10 October, the Drewry Dry Bulk Equity Index declined 1.8% due to escalation of tariffs between US and China, in comparison the S&P 500 declined 2.4%. When considering the 2025 performance, the Drewry Dry Bulk Equity Index increased 23.5%, outperforming the S&P 500 which has risen 11.4% during the same period.
Crude Tanker Shipping
For the week ending 10 October 2025, the Drewry Crude Tanker Equity Index decreased 3.0% (compared to a 3.3% fall in the Russell 2000) due to a fall in VLCC spot rates and the ceasefire announced between Israel and Hamas.
Overall, the index remains up 37.3% YTD, supported by the continuous increase in crude oil supply as OPEC reduces its production cuts and an increase in long-haul trades due to ongoing geopolitical tensions. In comparison, the Russell 2000 has risen 7.4% over the same period.
Product Tanker
For the week ending 10 October 2025, the Drewry Product Tanker Equity Index decreased 5.9% (vs 3.3% fall in the Russell 2000) due to a decline in spot rates across all product tanker segments. On a YTD basis, the index is up 9.1%. In comparison, the Russell 2000 has risen 7.4% over the same period.
LNG Shipping
For the week ending 10 October 2025, the Drewry LNG Shipping Equity Index declined 1.8% (Golar LNG -0.8%, Flex LNG -4.9%, Nakilat -1.7%). Spot LNG shipping rates have been relatively soft this year. The LNG index is up 1.9% YTD (vs. a 11.4% increase in the S&P 500). The index has been supported by an 8.9% YTD increase in Nakilat’s share price and a 6.5% YTD increase in Flex LNG share price.
LPG Shipping
For the week ending 10 October 2025, the Drewry LPG Shipping Equity Index declined 7.9% due to due to escalation of tariffs between US and China, in comparison Russell 2000 declined 3.3%. The Drewry LPG Shipping Equity Index has risen 8.1% in 2025, outperforming the performance of Russell 2000, which registered a rise of 7.4% over the same period.
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Source: Drewry
