I see the BDI keeps going up despite the Greek Tragedy currently taking place.
The interesting thing is that Greek shipping companies get huge tax concessions and this sector is one of Greece's largest industries. Maybe theres a problem there? Maybe not...they do employ thousands of people. It does seem a little strange though that the biggest industry pays little tax and the country is in receivership....
Anyway - I love Greece and I love the Greeks. Im sure the Euro Union will see to it that this doesnt escalate too much further.
Will this effect shipping markets? Maybe. If the infection spreads....
World Cup football just around the corner - go my team! Underdogs but a good chance to come second in the group!
- The Virtual Shipbroker
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