Greek shipping sets course for booming Asia

As heavily indebted Greece slumps into a prolonged economic crisis, shipping industry players like Michael Bodouroglou are setting their course for Asian markets in the hunt for profits. “I would say it’s business better than usual. That’s primarily due to China. China has been importing raw materials big time,” Bodouroglou, chief executive at New York Stock Exchange-listed Paragon Shipping, told AFP in an interview.