Greek chaos causes many shipowners to consider relocation

According to The Shipping Herald, carriers such as Diana Shipping, Navios, Star Bulk and Delta have begun investigating the opportunities for moving their companies to Cyprus, London or Singapore.
Photo: /ritzau/Thomas Borberg
Photo: /ritzau/Thomas Borberg
BY OLE ANDERSEN

Several Greek carriers, according to news media The Shipping Herald, are investigating the possibility of moving their businesses from Greece to Cyprus, London or Singapore. This is mainly due to the legal problems that have arisen after the banks were closed last week in Greece and following the implementation of capital control.

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