TNK - Interview With Shipping Analyst: 'Few Industries Offer The Potential To Multiply Or Lose Invested Capital As Fast As Shipping'
Until recently, the shipping sector was one of the most unknown and obscure equity spaces for me and many other investors in Spain. However, my interest, and that of many others, woke up after the leading Spanish fund manager Francisco GarcÃa Paramés heavily invested in the sector through his recently-founded asset management firm Cobas. His main investment in the sector was the Teekay Group, which as many at Seeking Alpha know, has been a horrible one so far. The most recent data at the close of 2018 show that Paramés’ international fund had