Why is there not more tangible value in good corporate governance in shipping? It’s a question that many people think, but few dare to ask openly.
It is not that stronger standards of governance are not needed. Far from it. In fact, quite the reverse is true.
The litany of shipping industry hucksters who have spun inflated stories to gullible Wall Street punters with the enthusiastic backing of egotistical investment bankers tells its own story.
