Streetwise: Burned investors hit back at Maxim-linked shipowners’ serial dilution

This week’s shipping finance newsletter takes a look at investor backlash against several public shipowners who have repeatedly sold equity through the Maxim Group, spurring significant losses

Andreas Michalopoulos is deputy chief executive, chief financial officer, treasurer and secretary at Performance Shipping.
Andreas Michalopoulos is deputy chief executive, chief financial officer, treasurer and secretary at Performance Shipping.Photo: Performance Shipping
Published 16 March 2023, 13:26Updated 21 March 2023, 11:08
Maxim GroupPerformance ShippingImperial PetroleumStreetwise