Economou, whose empire includes DryShips and Ocean Rig, says a foray into the offshore drilling segment is a lot like investing in a private school education.
He warns that entering a new sector can lead to loses in the beginning but believes the sacrifice is worthwhile.
“There is no reason why the Greeks can’t excel in more than the traditional dry bulk tanker and container,” he told the TradeWinds Shipowners Forum at the Posidonia conference in Athens Tuesday.
