Bottiglieri says rates and regulators pushed shipping company to the edge

 

The Giuseppe Bottiglieri Shipping Company fell victim to low rates, excessive regulation and unfavourable currency effects. The company was forced to turn to bankruptcy protection in 2017

 

‘We had to face all the proceedings and the competition of other shipowners who wanted to take advantage of situation,’ argues GBSC principal

Link: https://lloydslist.maritimeintelligence.informa.com/LL1129506/Bottiglieri-says-rates-and-regulators-pushed-shipping-company-to-the-edge