Next Virtual Coffee Chat is set for Sunday, 3 May 2020 at 12.00 hrs. Greek time (GMT+3) and will deal with a very hot topic of great interest in the wider Shipping community.
Topic: The long and the short story of oil. A review of a turbulent market and Shipping.
Oil prices have reached record lows, while tanker freight rates record highs. Covid-19 causes economies around the world to stall and stop using as much oil, while oil is still pumped out. Storage facilities for unused oil globally are filling up fast. Some days ago, we saw traders paying buyers around $40 a barrel to take American oil off their hands. Big oil companies have weathered the storm by cutting back on billions of pounds of investment, and thousands of jobs have been cut. Have the basic dynamics in energy trading markets changed? How is the Shipping industry going to be impacted? Let’s discuss.
Mr. Dimitris Agrimis, Navios Maritime Holdings
Ms. Mariella Bottiglieri, Giuseppe Bottiglieri Shipping
Ms. Irene Notias, Prime Bunkers Plus
Ms. Karin Orsel, MF Shipping Group
Dr. Kostas Rokkos , TST International
Mr. Antonios Panagiotopoulos, MSCI Inc.
Prof. Michael Tamvakis, Cass Business School
Prof. Helen Elena Thanopoulou, University of the Aegean
Let’s get our coffee and cookies and see you online on Sunday
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