Can shipping really do nothing but watch others play in the massive Spac (special purpose acquisition companies) sandbox?
Maybe. But there could also be a few ways in for the sector, especially if one stretches the definition of what constitutes a shipping deal, experts suggest.
“With this much blind pool capital out there, some of it really should find its way to shipping or shipping-related businesses,” said David Herman, the former Credit Suisse investment banker who now heads finance at tanker brokerage Charles R Weber.
