A $1 billion problem that needs solving

We are all familiar with phones & the connectivity it has given us. The analogue rotary phones were cabled, but the modern cell phones are wireless & allows us to do more, in fact much more than what the landline allowed. It took over 130 years to get about 1.25 billion landline phones installed. However, by the end of 2019 in just about 12 years from its inception, it is estimated that there will be 5 billion smart phone subscriptions. It demonstrates the ‘power to scale’ wi

Disruption of the Greek business model

Recession in shipping is blamed partly on oversupply of vessels. When you look at number and tonnage of existing ships and the new-build orders, one finds Greek owners are front runners in both areas. But then one wonders why they want to add to the glut with new-builds when they already own so much floating tonnage. The Greeks have historically been adept at riding the shipping market cycles. Their traditional business sweet spot has arguably not been maritime transportation