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Skis On; Productivity Down – Conversations Between Nordic Events

Not us for sure, but now we understand the sudden decline in transaction since the rush at the beginning of the year. Norwegians have been playing hooky and sneaking out of work this week to watch the action in Oslo at the Holmenkollen where the 2011 FIS Nordic World Ski Championships are taking place. For the Scandinavians this is the equivalent of the World Series. While we did not have a chance to attend an event, we suspect that if the shipping markets continue at these levels there will be a number of shipowners strapping on skis and lining up at the ski jump.

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Written by: | Categories: Freshly Minted, Market Commentary | March 3rd, 2011 |

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