Imagine shipping with fewer than 10 public owners in New York. With none in dry bulk, and only a few equity analysts paying attention. With investors not knowing a tanker from a bulker, and likely to call either a “freighter”.
If you were around shipping prior to 2005, you don’t have to imagine it. That was the reality of an almost exclusively private industry in which the few companies that had managed a New York listing were outliers.
The
