The shipping market adopts sustainable growth models

After 5 years of instability and uncertainty the shipping market is entering to a phase of sustainable growth and development. 2013 was marked by mainly 3 positive developments, availability of finance, recovery of the freight market and efficient environmental management.

The limited bank finance has turned the interest of Greek shipping companies to the development of joint ventures with private equity funds in order to finance their investment projects.

The private equities are coming with another approach. This time they are very careful, selective and are investing on the low cycle of the market.

Full article, ELNAVI, December 2013, Issue 480, Page. 10

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