Heard on the Streets of Dublin

We headed into Dublin enjoying the beautiful mix of both Georgian and new architecture in an extraordinarily clean town. We had appointments with a full gamut of experts, including bankers, owners, accountants and lawyers, all of whom provided us with insights into shipping generally while further explaining how Ireland fits into the puzzle.

All things considered our banker friend had good news. Between now and fiscal year-end, growth will be limited as the bank seeks to delver it s balance sheet. However, the group has permission to re-lend its run-off and hence has a continuing, although not substantial market presence. As you might expect, the money is not cheap and the transaction must be of strategic value or involve value added services. Similarly, bilaterals are preferred to

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