Financial Times FT.com

Shipping: Market listings sink the ancient tradition of secrecy

By Kerin Hope

Published: June 2 2008 01:03 | Last updated: June 2 2008 01:03

A steady stream of listings of Greek shipping companies on New York exchanges or on London’s Aim market in the past three years has broken a tradition of secrecy in the country’s largest industry.

More than 20 Greek-controlled ocean-going shipping companies have come to market during the current global shipping boom, raising several billion dollars to help finance fleet expansion and renewal on an unprecedented scale.

You have viewed your allowance of free articles. If you wish to view more, click the button below.

Read this

"Front page" sub navigation

"World" sub navigation

"Asia-Pacific" sub navigation

"Europe" sub navigation

"Latin America & Caribbean" sub navigation

"Middle East & North Africa" sub navigation

"UK" sub navigation

"US & Canada" sub navigation

"Companies" sub navigation

"Energy" sub navigation

"Financials" sub navigation

"Health" sub navigation

"Industrials" sub navigation

"Retail & Consumer" sub navigation

"Technology" sub navigation

"Transport" sub navigation

"By region" sub navigation

"Columnists" sub navigation

"Markets" sub navigation

"FTfm" sub navigation

"Markets Data" sub navigation

"FT Trading Room" sub navigation

"Equities" sub navigation

"Lex" sub navigation

"Comment" sub navigation

"Management" sub navigation

"Columnists" sub navigation

"Personal Finance" sub navigation

"Investments" sub navigation

"Tools & Calculators" sub navigation

"Compare & Apply" sub navigation

"Life & Arts" sub navigation

"Arts" sub navigation

"Pursuits" sub navigation

"Travel" sub navigation

"Interactive" sub navigation

"In depth" sub navigation

"Jobs & classified" sub navigation

"Jobs" sub navigation

"Services & tools" sub navigation

"News by email" sub navigation

FT Alphaville

Mergermarket

Debtwire

Market-moving economics

FT.com RSS Feeds

FT Lexicon