So you thought shipowner consolidation was on hiatus for a while after an unusually busy spell in 2021? Maybe think again.
Jefferies shipping investment banker Doug Mavrinac told a financial panel on Tuesday that he is working on three prospective merger-and-acquisition deals after being in the middle of two of the biggest combinations of 2021.
Mavrinac was a panellist at the 28th annual shipping commerce by the Hellenic American and Norwegian American chambers of commerce, held virtually this year because of Covid-19 protocols.