THE TOP TEN SIGNS THAT THE SHIPPING INDUSTRY IS TURNING AROUND
6th Annual Capital Link
Greek Shipping Forum
“Opportunities & Challenges”
Tuesday, February 24, 2015 – Athens, Greece
When I chose this title, along with Nic Bornozis, I might have been thought to be drunk or crazy. It is, after all, hard to find one, let alone ten, such “signs”.
There is an old saying: “if you seek a sign, look to the heavens”.
Well, I’ve tried looking everywhere else, with mixed success.
Certainly, we in this industry have been assailed by what the bible calls “job’s messengers”, or false hopes.
These are therefore hard times also for Chinese ports, Norwegian offshore shipowners and us investors. Just to name three categories.
Recently, the Baltic Dry Index (BDI) put a number on the… Continue reading