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J Mintzmyer - Shipping Extraordinaire

The Business Brew

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Did the Companies Go Public With Six Ships?

There's over ten thousand dry bulk vessels and in the world fleet, over ten thousand large sized dry bulk ships. To have any scale whatsoever, if you don't have 50 to a hundred ships, like, you're smaller than a bit player. You had companies going public with like six ships. So ye, it was all these little, funky little stocks that had no business even being public. Andi boom ind busted.

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