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Monthly Archives: May 2016

The 4 causes of the shipping crisis

The 4 causes of the shipping crisis

As you may know the shipping business has been going downhill, or more appropriately, has been drowning during this last years. A crisis has struck not only a country’s shipping business but the whole business internationally, including countries like the United States, China, the United Kingdom and cities like Monaco, Singapore and Hamburg. This crisis… Read More…

Is the fall of the shipping industry in 2015 continuing in 2016?

Is the fall of the shipping industry in 2015 continuing in 2016?

Through 2014 many shipping firms closed their doors, including some big American shipping companies like Genco Shipping, Eagle Bulk Shipping and Nautilus Holdings filed papers for bankruptcy after having a lot of financial problems. These problems have not seized since 2014 and this was clear in 2015, so today we’re analyzing which shipping companies went bankrupt… Read More…