The subject of outside equity, by which we mean equity that belongs to someone other than the party that controls the vessel, has become a central one in ship financing. A combination of scale required to be competitive in shipping, the high dollar price of modern assets, lending constraints and the fact that both public and private equity sources are interested in shipping has made this component of the capital structure relevant for almost every shipowner.
This is only an excerpt of Private, Public and Strategic Equity – All are important!
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