Andrian “Andy” Dacy has seen the worst and best of shipping markets from the perspective of a lender, an investment banker and a private equity investor in a 32-year career.
He entered shipping as a lender with the old Manufacturers Hanover in 1988 at the tail end of a market crash. “It was like parachuting into the aftermath of a hurricane — the sun was coming out but there was wreckage all around,” he tells TW+.
