When AMA was founded in 1987, the intention was to fill a void presented by an absence of knowledge about and commitment to the global shipping industry by Wall Street. As evidenced by the shipping high yield debacle of the last three years, the niche AMA intends to continue mining is rich with opportunity. Indeed, AMA has been gearing up the last three years to better service their niche The company struggled in the beginning, but after a couple of years, the company made good profits, very much on S&P related deals. One would have to say, however, that it was not until the company decided to move from its Greenwich, Connecticut offices into 200 Park Avenue that business really started too boom.
This is only an excerpt of American Marine Advisors
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