Greek Owners & The Nature of Equity

Based on their history and state of affairs, Greek owners have come into the global capital markets in their own way. As one industry expert observed, it is striking how few non-Greek shipping companies have gone public, so perhaps there is something to this transition worth noting for private shipowners around the world who are contemplating a dip into the public capital markets. In shipping as in life, timing is everything and certain opportunities are no longer open, at least for the moment. But there will always be new markets and new sectors on the upswing, and for the time being it appears that shipping’s access to public equity has built the critical mass it needed and is now here to stay.

Here we will take a brief look at exactly how Greek shipping companies evolved their corporate structure to fit the needs of public equity investors. This is not only intended for the benefit of shipping companies now entertaining the idea of a public listing, but also to provide some insight into the nature of the American public equity market.

This is only an excerpt of Greek Owners & The Nature of Equity

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