The Importance of Being Earnest

In a perfect world, shipping companies would make proactive statements to their investors about how challenging world events and difficult markets will affect their businesses. While few would disagree that such a dialogue would be of mutual benefit to both sides, at present that scenario is more of the exception than the rule. Below we have included one such “exceptional” statement which distributed recently by Khalid Hashim of Precious Shipping. While many of you know Mr. Hashim, or are at least aware of his commitment to demystifying his Company’s activities, we have included it for those of you who do not. We hope that you will find his remarks and candor as impressive and valuable as we do.

This is only an excerpt of The Importance of Being Earnest

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