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Cavalier Shipping insights on the current shipping finance market and recent events in the shipping space.
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Shipping Representation in the Market
Contrast shipping’s 0% representation in the U.S. S&P 500 with its 12% representation in Norway’s Oslo Børs Benchmark Index––in the U.S., professionals often confuse "shipping" with logistics giants like FedEx or UPS; in Norway, professionals are immersed in the maritime world, with financial media regularly covering shipping and offshore markets.
Connecticut/New York Shipping: Changing Financial Tides
The Connecticut/New York area’s competitive advantage on the world maritime stage does not stem from the tradition of fleets passed down from generation to generation, as you would find in Greece. The region's superpower is its proximity to some of the deepest pools of capital in the world—the "smart money".