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Monthly Archives: July 2016

Effects of the Greek crisis in the shipping industry

Effects of the Greek crisis in the shipping industry

The shipping industry is in crisis, companies are reporting plunging profits and its conditions are now tougher than after the global financial crash. The Baltic Dry Index, a benchmark for the health of the global shipping industry, has recently plumbed all-time lows. Jonathan Roach, container market analyst at shipbroker Braemar, said the industry is being… Read More…