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.
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