For many years, Marine Money conferences have featured presentations asserting the theory that when public markets begin to value shipping companies at a premium to net asset value, the entire ownership structure of the industry will change. The change, it was said, would be inevitable because public companies would have a lower cost of capital and could therefore be more competitive on the single largest daily expense item – money.
This is only an excerpt of Top Acquires Nomikos – A Watershed Event
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Tags: · AM Nomikos, Marine Money, OSG, Sovkomflot, Teekay, Top Tankers
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