Behind each of the hundreds of thousands of numbers that appear in this book, there is a story. Of course, the machinations of the elusive “market” play a major factor in the standings, but the formulae is much more complex than that.
In these pages, in these numbers, is the story of ships – designed, ordered, built, launched, traded, bought, operated and sold. There is the story of money – the $100 billion of public and private equity and debt financing conceived, structured, marketed and closed.
But more than steel or money, the numbers that appear in this number-intensive book tell the story of people; of men and women spending their lives at sea, of management and Boards of Directors designing and implementing commercial, operational and financial strategies with the aim of increasing shareholder value. Sometimes these strategies work, sometimes they don’t – and often a strong or weak market comes along to make some people look smart and others less so.
This is only an excerpt of Getting Granular with Individual Rankings
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