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J Mintzmyer - Shipping Extraordinaire

The Business Brew

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The Pros and Cons of Asset Light

Zigret is an asset light company. They're leasing in all their ships, so they don't actually own at i think they own one ship out of a hundred and 18. For each quarter, they can renew or cancel a bucket of those leases. That's kind of the negative as con. But the pro of it is that they can structure a lot of those leases, almost like a laddering structure.

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