By Daniel Flynn and Deborah Kyvrikosaios Global shipping is facing its worst crisis in decades. In just a few months, dry cargo rates have fallen by more than 90 percent as a five-year boom has turned to bust. For Greece, which owns a fifth of the world's fleet, that spells trouble. "Panic is one word to describe what is going on," says Polemis, sitting beneath an oil painting of one of his family's first vessels, bought about 200 years ago. "People are selling some ships in a panic mode some companies will go bust." Greece has a lot to lose. At 170 million tons, its merchant fleet is the...
Navios Maritime Holdings Inc. to Present at Jefferies Global Shipping & Logistics Conference
PR Newswire
PR Newswire
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Lebanon aid ship delays Gaza embargo-busting trip
The Jordan Times
The Jordan Times
- A Lebanese aid ship for Gaza was postponed on Sunday to await a green light from a third country as a transit point for the mission to the Israeli-blockaded Palestinian territory. The Mariam, a Bolivian-flagged cargo...
Seanergy Maritime Holdings Corp to Present at the Jefferies 7th Global Shipping & Logistics Conference ...
Stockhouse
Stockhouse
Seanergy Maritime Holdings Corp. Enters Into Letters of Intent to Acquire all Remaining Minority Stakes ...
redOrbit
redOrbit



