People often say that things move slowly in the world of ship finance, and perhaps they’re right. In a world in which people expect things to happen with the click of a mouse, shipping plods along. Still, every year when our editorial team sits down to nominate our favorite and rawest ship finance deals of the year, we are amazed at how many deals there are to choose from, in both categories. Deals may not get done overnight in our industry, but shipping transactions, like ships themselves, steam on around the clock, around the world and around the shipping cycles.
A few footnotes and exculpatory disclaimers before we begin. First of all, everything that you will find on the following pages is subjective, so we would be surprised if there weren’t some differences of opinion. Secondly, we all know that shipping deals are tricky and that every single one has a story, but unfortunately we don’t have enough pages to include them all in this issue of Marine Money.
Finally, you will see quite a lot of references to deals involving Golden Ocean Group. In fact, if we were to choose a single Best and Worst deals of the year, Golden Ocean might well hold both of those titles as well and that says a lot.
Enjoy!
This is only an excerpt of Marine Money’s Favorite & Rawest Shipping Deals of 2000
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