Greece is the dominant force of capital in shipping today at a time when new cash is scarce, a leading executive says.
Pankaj Khanna of Pioneer Marine says while private equity is not running for the doors, fresh investment in shipping is only on the fringes.
"In general, you find where the money coming from is Greece. In the second hand market people are picking up ships," he said at the Capital Link Forum at Posidonia.
He
