There is growing concern among public bulker owners over how investors treat their shares: they trade well below net asset value, they fall when the market is poor and do not rise much when it is better.
Paul Pathy has no such worries.
The chief executive of private Canadian shipowner Fednav told TradeWinds on the sidelines of this month’s Connecticut Maritime Association conference in Stamford that the notion of going public does not hold much appeal for him.
