Against the current market backdrop, compelling investment ideas in shipping are in short supply.  In addition to our usual market musings, we will start offering up our thoughts on where we see opportunities to smartly deploy capital in shipping, including some that are a little bit off the beaten path.

Earlier this week, Heidmar Maritime Holdings Corp (NASDAQ: HMR) purchased the “feeder” container ship A. Obelix from Capital Maritime Management (Capital).

Shipping needs investors, but it seems investors do not need shipping.

The only barrier to entering today’s shipping market is money. With cash in hand, anyone could outsource services necessary for the safe operation and gainful employment of vessels to a number of specialist firms. 

Marine Money hosts an incredible three-day event in NYC every summer. A highlight for me was seeing how sophisticated market participants can view the same landscape and arrive at completely different outlooks and corresponding capital allocation decisions.