20. Ship Finance: US Public Equity Markets

  1. Wayne K. Talley
  1. Costas Th. Grammenos1 and
  2. Nikos C. Papapostolou BSc, MSc, PhD2

Published Online: 9 FEB 2012

DOI: 10.1002/9781444345667.ch20

The Blackwell Companion to Maritime Economics

The Blackwell Companion to Maritime Economics

How to Cite

Grammenos, C. Th. and Papapostolou, N. C. (2012) Ship Finance: US Public Equity Markets, in The Blackwell Companion to Maritime Economics (ed W. K. Talley), Wiley-Blackwell, Oxford, UK. doi: 10.1002/9781444345667.ch20

Editor Information

  1. Old Dominion University, Norfolk, Virginia, USA

Author Information

  1. 1

    City University London, UK

  2. 2

    University of Birmingham, UK

Publication History

  1. Published Online: 9 FEB 2012
  2. Published Print: 24 JAN 2012

ISBN Information

Print ISBN: 9781444330243

Online ISBN: 9781444345667

SEARCH

Keywords:

  • ship finance, US public equity markets;
  • shipping industry, capital-intensive;
  • shipping company's decision, in financing;
  • US Shipping Equity Capital Markets;
  • public offering, stock exchange listing;
  • shipping company, entry into equity capital markets;
  • pricing and long-run performance of IPO;
  • public offerings and private placements, for equity;
  • at-the-market (ATM) offering;
  • market timing theory, more applicable

Summary

This chapter contains sections titled:

  • Introduction

  • US Shipping Equity Capital Markets: Reasons to Go Public, Advantages and Disadvantages, and Underwriters

  • US Shipping Equities 1987–2010

  • Pricing and Long-Run Performance of an IPO

  • Key Issues: Investors and Shipping Companies

  • Summary

  • Notes

  • References

  • Further Reading