COVID-19 and the crisis management of dry bulk shipping companies
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Keywords
Communicable disease ; COVID-19 ; Dry bulk shipping ; Economic impacts ; Crew subject areas ; Contractual obligations ; Economics ; Marine insurance ; Marine transportation ; Safety ; Human factorAbstract
My present dissertation concentrates on the dry bulk market trends from the beginning of 2020 and illustrates the impact of COVID-19 on crew, operations, insurance clauses, and chartering of dry bulk shipping companies, with consideration on possible future trends based on this.
COVID-19 is a litmus test for a globalized and interdependent world economy.
Overall, the Greek Shipping companies demonstrated adaptability and resilience during the extreme cyclicality of the freight market, while having adopted smarter ways of carrying out management tasks and maintenance more efficiently while operating remotely.