2007

It is the last week of August, with Labor Day upon us, and the focus is on enjoying the last week of summer while getting the children ready for school. Surprisingly, it almost feels as though the financial markets have thankfully taken a breather. Of course, this is not the case for the shipping markets based upon the interesting fixture our eagle-eyed observer of the markets has reported on below.

This week’s coverage is heavily weighted towards data while hopefully minimizing verbiage. With thanks to LoliWu of Citi, we provide a perspective on the capital markets by showing the incredible growth in the equity markets led by follow-on offerings. We fill in the details on two transactions we covered briefly last month. And finally, we have some very interesting insights into ship lending from the banker’s perspective. We have taken to heart the admonition that a picture is worth a thousand words so if the weather does not cooperate and you are stuck indoors kick up your feet, grab a beer and have a gander between sets at the US Open.

This is only an excerpt of The Week in Review – 08/30/2007

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