Research Topics: Shipping Industry In Greece

Sample Greeks have Reamined Mariners Without Interruption During the Entire History Essay

Chapter One Introduction   Background of the Study             The Shipping Industry in Greece traces back during pre-historic times, according to Spyros Polemics (nod.) “the Greeks have remained mariners without interruption during the entire history.” In the present times the Greeks still remain the leading nation in shipping industry. Ellie Freaky (2005, p. 40) stated that the Greek shipping is the most valuable asset of the Greek economy. Stefano’s Papandreou (2005, p. 32) wrote that a number of ship owners in Greece have launched Initial public offerings or IPO in the United States. Statistical figures have shown that the shipping debt worldwide on the year 2004 amounted to approximately 0 billion; shipping loan production is approximately billion yearly and the shipping IPO capital of 2005 was predicted to raise which was around -6 billion.               IPO stands for Initial Public Offering; it is the “first sale of a corporation’s common shares to public investors.” The objective of Initial Public Offering (IPO) is to increase the capital of the corporation. It is an efficient process in elevating the corporation’s capital, as well as, establishing strong legal compliance and reporting necessities. The procedure of acquiring Initial Public Offering or IPO is it needs one or more investment banks to become underwriters. The corporation that is proposing the shares of the company, also known as, the “issuer”, commences a contract with the underwriter in order to sell the company’s shares to the public. The underwriter comes to investors offering the shares.  Initial public offerings or IPO have several forms: Dutch auction, Firm Commitment, Best Efforts, Bought Deal and Self Distribution of Stock (2006).   Objective of the Study             The main objective of this study is to identify the reasons, the process and the results of different Greek shipping companies that ventured into Initial Public Offerings in the United States.   Significance of the Study             The significance of this study is to provide insights into the process the Greek Shipping Industry undergoes when entering into an Initial Public Offering or IPO. This paper would contribute to the furtherance of study on the Greek Shipping Industry.   Scope and Limitations             This scope of this study is the Greek Shipping companies; Stealth Gas In., Diana Shipping, Aries Maritime, Top Tankers, Tasks Energy Navigation, Omega Navigation, Excel Maritime and GenCorp. The study focuses on the Initial Public Offering of these companies in the United States. Other shipping companies and initial public offering in other countries were not included in this study.   Hypothesis             The Greek Shipping Companies that undertake Initial Public Offering gained and increase the corporation’s capital.   Credit:ivythesis.typepad.com

Sample Greeks have Reamined Mariners Without Interruption During the Entire History Essay

Chapter One Introduction Background of the Study The Shipping Industry in Greece traces back during pre-historic times,...