Concerns over highly dilutive share offerings by microcap shipowners have been building for years. The debate just intensified. The post Controversy swirls over shipping stocks that sink as rates rise appeared first on FreightWaves.
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A perennial complaint about shipping stocks is that there are way too many of them and they’re way too small. If only there were just a handful of large-cap consolidated shipowners in each category tankers, dry bulk, containers, gas not a hodgepodge of micro-caps. The good news for ‘bigger and fewer’ proponents is .