Private equity-funded vessel splurge fuels risk to shipping sector – Reuters

Private equity-funded vessel splurge fuels risk to shipping sector
Reuters
SINGAPORE, May 9 (Reuters) – The shipping industry faces a looming capacity glut as billions of dollars pumped into it by private equity have stoked a vessel-buying spree, threatening its prospects just as the sector is emerging from its worst downturn
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Source: shipping – Google News

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