Greek shipowner Peter Livanos has hit out at what he sees as the “abhorrent” use of the capital markets by some of his peers and expressed a lack of respect for those opting to outsource operational responsibility.
“Many people, and many people in this country, have taken the public company route as a short cut to wealth creation because they had assumed the investor in the public space is uneducated,” Livanos said at Posidonia today.
