Could a lack of debt financing be a game-changer for shipping markets that are sagging across virtually all sectors?
In a “ray of sunshine” moment at today’s Capital Link New York Maritime Forum, veteran Jefferies analyst Doug Mavrinac made that case after sitting on a panel that found little positive to say about most vessel classes.
“I think we are in a brave new world with respect to the availability of bank capital,” Mavrinac said, calling the trend more important than anything the analyst panel had discussed in the previous 30 minutes.
“That
