How would big-name Greek shipowners spend $100m? — Inflation means it won’t buy you as many ships as it used to. That was the consensus.
Shipowner George Economou revealed that he sees upside in the dry-cargo market over the next few years and said that bulk carriers would be among his picks.
“What do you do today with $100m, I think you have to understand that if you are a new company, you will not get much financing,” he told the Capital Link conference at Posidonia on Monday.