Gathering the Shipping News

It is old news that the shipping industry suffers from a general lack of sophisticated company specific financial coverage. It sometimes feels as if Marine Money was the only one on the job the past ten years. And, while as a lone voice we have discussed shipping securities and sources of private and public debt with owners, investment bankers and investors daily, it takes more than one to make a market.

Coverage within Norway, where shipping securities make up more than 15% of the stock exchange’s total market cap, coverage is detailed and professional. But, in Norway, if an investor is to have a balanced stock portfolio shipping would have to be included, and so there is considerable company specific coverage. So whether it is Pareto, Fearnleys, Christiania Fonds, DnB Fonds, Platou or one of the other major brokerages there is informed company specific research.

This is only an excerpt of Gathering the Shipping News

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