Analysts get all fired up again over governance allegations
By Joe Brady
Article originally appeared in TradeWinds on March 16, 2018
To read the article on TradeWind’s website, click here.
Aegean deal proves catalyst for revival of tough words at a Capital Link forum that usually treats owners gently
The scene on late Monday afternoon was like nothing in recent memory at a Capital Link finance forum.
A rambunctious panel of equity analysts at New York’s Metropolitan Club could be described as trashing shipping’s corporate-governance record, including the industry’s history of related-party conflicts.
Seated just feet away, and appearing to grow increasingly rigid in his seat, was Capital Link president Nicolas Bornozis — both the organiser of the forum a leading defender of shipowners with related party structures, though he… Continue reading
Maitland Calls for More Action to Tackle Ongoing Safety Flaws
By Adam Corbett
Article originally appeared in TradeWinds on October 4, 2013
To read the article on TradeWind’s website, click here.
International Registries managing partner Clay Maitland hits out at the industry’s failure to solve long-standing safety issues and says more class mergers would be a good thing
Chinese yards have still not totally overcome their quality problems, according to one flag-state veteran who wants classification societies to step up to the plate to ensure that all ships are built to the required standard.
Clay Maitland, a managing partner at International Registries, the US company that supports the Marshall Islands Registry, and an outspoken independent campaigner for safer shipping, says problems, including fatigue cracking, engine issues and lifeboat-release mechanism failure, are still… Continue reading
US Cluster Tri-State Outlook: More Rivals and Higher Taxes
By Greg Miller
Article originally appeared in Fairplay, 15 March 2018-Vol 300-Issue 6927
Click here to read the article on Fairplay’s Website
“It’s a very exciting time to be in New York – for the law firms, the capital markets, and private equity – because it’s a very interesting market and it’s the only really liquid maritime [capital] market,” said Frank Dunne, a partner and the immediate past chairman of law firm Watson, Farley & Williams.
“I think 2018 will be a very exciting year for the listed companies,” he told Fairplay. “They have access to capital and access to debt – being listed in New York is the best place to be if you… Continue reading