Fundraising in global capital markets for shipowners is at a years-long low.
And that’s not necessarily a bad thing unless you happen to be one of the investment bankers who makes a living off collecting fees when companies sell stock, bonds or a mash-up of the two.
But there may be a turn coming, and it was a prominent lender — not an investment banker — who was able to articulate that case on Monday morning at the annual Capital Link international shipping forum in New York.
