Independent journal on economy and transport policy
19:30 GMT+2
Greeks spend US$1b on container ships in past year
(Shipping Times)
July 10, 1998
By Marcus Hand
[SINGAPORE]
The Greek shipping industry, normally associated with the bulker and tramp markets, has invested some US$1 billion (S$1.7 billion) in container ships over the last 12 months.
Investments by Greek companies have come both in the form of secondhand tonnage -- principally bought from cash strapped Asian operators -- and newbuildings. ...... Read more on Shipping Times
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