Shipping has long suffered an image problem on Wall Street, fueled by perceptions that some shareholders have been ripped off by self-dealing management.
No analyst has focused on the fair treatment of shipping’s common stockholders more than Michael Webber. He has published an annual corporate governance scorecard for shipping since 2016, until 2019 at Wells Fargo and since then at his own firm, Webber Research & Advisory.
Bulker owner Genco Shipping & Trading (NYSE: GNK) ranks first in this...
https://www.freightwaves.com/news/shipping-corporate-governance-whos-been-naughty-or-nice