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Cavalier Shipping insights on the current shipping finance market and recent events in the shipping space.
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Investing, Trading, or Gambling?
Is the role of a public shipping company to compound value over time, or to simply serve as a trading vehicle for investors looking to opportunistically play the industry’s infamous cycles?
Comparing Public and Private Shipping Company Valuations
Public shipping companies’ end valuations are far more variable than private shipping companies’, since the latter group doesn’t have the constant mark-to-market pricing mechanism of public markets–P/NAV–as a factor.