It’s Thursday again and I am writing this from my native country of Denmark. I have a property here in my “hometown” of Grenaa, Denmark, I don’t rent it out so it’s just ready to stay in when I am here which happens a few times a year. It leads me to the topic this week of property – many know that having money in the bank is almost like a “waste of money” and we know that banks when making wrong decisions and lending millions to speculators, want the taxpayer to bail them out afterward.
Someone told me that a bank is a place that will lend you an umbrella when the sun is shining and then ask for it back when it’s raining. Property is good to have I suppose – I attended a seminar or expo recently in Stockholm and besides the usual suspects introducing “buy your property here…” in places such as Italy, Spain, France there was a new “kid” on the block, Montenegro. A small country north of Albania with an awesome Adriatic coastline. I visited there myself if you recall last year (Tivat, Kotor Bay). There is new investment going on through as renowned Swiss company called Orascom in case you are keen to invest or buy to rent out. Read more…
Finally, speaking of banks I heard that there is a new association that has seen the light of day – it’s called the parachute network and consists mainly of incompetent bank managers with a golden parachutes (irrespective of their performance)….I wonder how much they charge for the membership fee!
In today’s newsletter, we speak to an online platform for monitoring freight rates based in Oslo, Norway and then proceed to the beautiful country of Austria where project cargo is being handled too and we learn that there is more to the country than Mozart and skiing…
We round off today’s newsletter with our usual shipping and sector news, video and photo of the week, and wise words that we may take lessons from.
Wishing you a good read and, until next time, I remain,
Bo H. Drewsen
Xeneta – Oslo, Norway
Mr. Patrik Berglund
What kind of services do you provide in the today’s logistics market?
We provide subscription services to the most granular market intelligence you can find for containerized shipping – built on the world’s largest database of contracted rates.
TransOcean Shipping – Vienna, Austria
Mr. Peter Czajkowski
You are based in Vienna, tell us how this is conducive to your business. Do you have offices elsewhere?
Yes, our headquarter is based in Vienna with branches in Germany (Hamburg, Düsseldorf, Munich), Czech Republic (Prague), Hungary (Budapest), Slovenia (Koper) and Serbia (Belgrade). Vienna used to be the gateway to eastern Europe but due to political failings, this position was weakened over the past years.
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Plants & Processing
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