Equity funds pump USD 32 billion into shipping

Private equity funds have invested a total of USD 32 billion in shipping over the last two years. A big problem for the carriers, according to Reuters.

Dry bulk vessel from carrier Starbulk, which Oaktree Capital invested in last year. | Photo: Star Bulk

The USD 32 billion that equity funds have placed in shipping over the last two years might at first glance sound like a positive thing for the struggling industry. But the money could end up dragging the industry down rather than keeping the industry afloat in the years to come, according to Reuters.

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