George Soros Invests in Greek Shipping Companies

George_SorosAccording to Soros Fund Management’s latest quarterly 13F filing published on Wall Street, he expanded his business in six Greek shipping companies. It is notable that Soros Fund Management’s reported stock portfolio was valued at $9.1 billion as of Sept. 30, 2013.

The billionaire investor Soros is officially shareholder of six Greek shipping companies. In particular, Soros has shares in: DryShips, owner: George Economou, Diana Shipping, owner: Simeon Palios, in Navios Maritime PartnersNavios Maritime Holdings, owner: Angeliki Frangou, Safe Bulkers, owner: Poly Hatziioannou and in Baltic Trading, owner: Petros Georgiopoulos as well. The sixth shipping company which is the only non-Greek company, is the Irish Ardmore Shipping.

The investment of George Soros in Greek shipping companies coincides with the maritime recovery and especially in the dry bulk industry.