mao tse tung
Vital Champions League
I mean he's likely to be losing money right now, not just at his football clubs but across his shipping empire. Maybe he wants to see when the crisis ends before pushing forward.
EMs shipping business will be booming at the present.
Looking at his shipping business he appears to have a long line of customers in the Oil business:
https://www.evangelosmarinakis.com/shipping
The cost of hiring Oil Tankers has rocketed in the last two Months due to the glut of Oil:
From last weeks FT:
https://www.investorschronicle.co.u...us-tanker-stocks-are-set-to-surge-here-s-why/
"Currently, almost 30 oil tankers are anchored as storage off the coast of southern California – tankers that would have originally gone out to the source of the supply chain and shipped it around the world. Stranded might be a better word, as they are full up with oil, but unable to deliver it. Refineries are flat out. Space is running out to fill the glut in oil, and this has led to the price of storage space doubling in just two months. Land storage is full, and tankers are filling up.
Last week, we saw what happened in WTI futures as the May contracts went negative. When storage runs out nobody wants to hold a physical product they can't store, and so it should come as no surprise that tanker stocks are swiftly moving through the gears."