The shipping market will depend on the global geopolitical developments of 2019

Looking at the results and the conclusions of Slide2Open Shipping Finance 2019 we understand that the shipping market fluctuations are tightly connected with the economic developments such as commercial war between USA and China and the protectionism trend.
On a live on stage interview with Costas Paris and The Wall Street Journal, the prominent Greek Shipowner George Prokopiou, founder of Sea Traders S.A., Dynacom Tankers Management Ltd. and Dynagas
Ltd., said that the crisis after 2008 is due to the problems of the banking sector being transferred to the shipping sector, just as in the past commercial activity had been hit by high interest rates imposed
by the banks in an attempt to overcome their own problems.

Full article, ELNAVI February 2019, Issue 542, Page. 6

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