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.
BY LOUISE VOGDRUP-SCHMIDT
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.
Already a subscriber?Log in here
Read the whole article
Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
