Private equity firms have stayed away from investing in shipping, ports and logistics for two years in a row. ´PEs have stopped coming into the sector and there is no easy money for the shipping business,´ G Shivakumar, CFO, Great Eastern Shipping, said in the third quarter earnings conference call. The company, like its peers, has given a negative outlook for the dry bulk trade division and did not provide valuations for the offshore business.
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Home » No deals in shipping, ports for two years
No deals in shipping, ports for two years
Ports & Shipping
March 1, 2016March 1, 2016
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