A misunderstanding of shipping markets by even seasoned investors is more to blame for current struggles of public equities than mismanagement by company executives.
That was the assessment from New York-based shipowner Peter Georgiopoulos after he delivered keynote remarks at the annual TradeWinds Shipowners’ Forum USA in New York.
Georgiopoulos — head of public companies Gener8 Maritime, Genco Shipping & Trading and Aegean Marine Petroleum — was challenged on the notion of investor misunderstanding by Deutsche Bank analyst Amit Mehrotra.
Mehrotra
