Bedtime / Poolside Reading for Posidonia Week
Whether you are in Athens or not, here's some Need to Know reading. There are two common assumptions in shipping. One is that shipping is a supply-led market in which freight incomes (and therefore asset prices) determined by the variable amount of supply there is to satisfy demand. The second is that shipping is best left to independent ship owners who can carry the capital risk and reputational cost of stuff around the world by sea much more efficiently and cheaply than ca