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Forced to choose the Marshall Islands over Greece

As the owner of two dry bulk carriers, the Greek flag would appear the natural choice for Greece-based Poseidon Shipping. However, a shortage in available Greek crew, particularly senior personnel, led the company to opt for the Marshall Islands flag for its capesize and its kamsarmax, under construction

Poseidon Shipping's Spyros Eleftheros identified a shortage of crew from Greece as the main culprit of the Greek flag losing vessels

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