Benchmark Shipping: Finance

It's been nothing but expense! The CEO has bought a large farm in Staffordshire from which to run his maritime empire, but the property is without internet access which one would have thought a sine qua non these days.

A banker has not yet been appointed, but we suspect his first task will be to wind up the company before even more debts are incurred.  On the other hand the shipping business is filled with eccentric millionaires, so Dr. Stopford might just be proved right!

Come back next month or sooner, and see whether there are any dramatic changes to the company's financial situation.