, like Passenger Shipping. Factors, such as the decrease of private consumption and GDP, have negatively influenced Passenger … Shipping, resulting in the reduction not only of the relevant demand, but also of the sector's financial results. The paper … examines the current situation of Greek Passenger Shipping during this "crisis" period. Financial analysis of the sector has …

The shipping crisis starting in 2008 was characterized by sharply decreasing freight rates and sharply increasing … about one year before the actual crisis outburst and that the shipping crisis was predominantly driven by an oversupply of …

economic entities, which are still suffering heavily from its side effects. The shipping industry is one of the hardest hit … fields. Many shipping companies have closed down because the relatively excessive shipping capacity and the dropped …-down freight in the shipping market had caused the broken of the cash flow strand, and many others are still struggling for …