‘Exit Strategy’: Clock is ticking for swashbuckling shipowners

exit strategy

Nine years ago, Marine Money President Matt McCleery wrote “The Shipping Man,” a novel championing the old-school, risk-taking bravado of the ship-owning business. It captured the moment. Ship vales had collapsed in the wake of the financial crisis and a new breed of investors — personified by the protagonist, Connecticut hedgie Robert Fairchild — were placing huge bets on a cyclical rebound.

McCleery has just published his second sequel to the highly popular “The Shipping Man” (the first,...

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