@varco_docs: A modern cargo ship can cost over $150 million—more than a commercial airliner. But here is the bizarre reality of global trade: the company whose logo is painted on the side of that massive steel hull almost never actually owns it. So, who holds the deed? In this video, we dive into the cutthroat, high-stakes world of maritime shipping. We uncover how multi-generational Greek shipping families, mysterious Special Purpose Vehicles (SPVs), and Wall Street private equity firms use these floating industrial cities to make (and lose) absolute fortunes. From the wild swings of the "spot market" that created overnight billionaires during the 2021 Suez Canal crisis, to the staggering debt and environmental regulations that can bankrupt an owner overnight—this is the hidden financial engine that powers 90% of the world’s trade. What you'll learn in this video: Why mega-carriers like Maersk prefer renting over owning. The 3 types of ship charters (and how owners make their money). Why ships are registered to shell companies in Liberia or Panama. The massive financial risks of environmental regulations and "stranded assets." What happens to a $150M ship at the end of its 25-year lifespan. #shipping #economics #logistics #globaltrade #finance