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Michael
Moderator


Joined: Mar 22, 2002
Posts: 6303
Status: Offline
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Posted:
Sep 15, 2009 - 02:24 PM |
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| Post subject: Ghost Fleets |
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Andreas
Board Legend


Joined: Feb 27, 2004
Posts: 10099
Location: s/v Waratah
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Posted:
Sep 15, 2009 - 03:19 PM |
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Yeah, that's an interesting article. Have seen those ships with my own eyes earlier this year. Hundreds, as far as the eye could see. |
_________________ Time is the very substance of life; its golden minutes are the only stones we have with which to build. That spiritual building, not made with hands. |
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jeffo
Ranter


Joined: Aug 27, 2008
Posts: 583
Location: IYA
Status: Offline
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Posted:
Sep 15, 2009 - 03:28 PM |
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Very interesting, thx Michael. |
_________________ Only morons read signatures... |
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Michael
Moderator


Joined: Mar 22, 2002
Posts: 6303
Status: Offline
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Posted:
Sep 16, 2009 - 10:29 AM |
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Cheers to btb for posting this first in the Boring thread.. yes. I thought was interesting. Rent a ship for a few thousand pounds a day. could have a really big party on one of those. |
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mat
Shanghai Royalty


Joined: Apr 26, 2004
Posts: 9583
Location: On my friggin beer scooter.
Status: Offline
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Posted:
Sep 16, 2009 - 10:39 AM |
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Could probably hire a whole container ship at the moment just to take your few boxes of stuff back to Australia. I'm sure it's probably cheaper than putting an LCL with Santa Fe or Crown  |
_________________ www.justbeer.cn Get a Blondie into you! |
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phiota
Rocker


Joined: Nov 01, 2005
Posts: 798
Status: Offline
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Posted:
Oct 05, 2009 - 03:59 AM |
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| Quote: |
China and South Korea’s support for shipbuilders may add to a glut of capacity, slowing a recovery in freight rates and vessel prices. The world’s two largest shipbuilding nations have taken steps this year to aid shipyards and safeguard jobs as customers delay or scrap orders amid tumbling world trade. That support will likely ensure more vessels enter service, even as lines mothball and scrap existing ships because of a lack of cargo.
“The Chinese and Koreans, in particular, will make sure that these ships come,” Philip Clausius, chief executive officer of lessor First Ship Lease Trust, told a conference in Singapore yesterday. The “daunting number” of ships that “will hit the market over the next three, four, five years will make the recovery a rather slow and painful one.”
China’s bid to become the largest shipbuilding nation by 2015 may also worsen the glut as it competes for market share, said Matthias Umlauf, senior economist at HSH Nordbank AG. The world’s shipyards have dry-bulk ship orders with a combined capacity of 64 percent of the existing fleet, according to data compiled by Bloomberg.
China has “the chance to become the world’s largest shipbuilding nation and they will not let this chance go,” said Umlauf. “They will support their national champions and that will definitely add to the overcapacity situation.” |
http://seekingalpha.com/article/164723-the-imf-warns-about-surplus-cou ntries-global-imbalances
http://www.bloomberg.com/apps/news?pid=20601109&sid=anB_JBF_jK0A |
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tassi
Barker

Joined: Nov 24, 2008
Posts: 134
Status: Offline
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Posted:
Oct 08, 2009 - 10:57 AM |
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How many vessels go through Singapore ports in one day? How many unique vessels in one month?
I've seen the pictures and it doesn't seem to be that many of them. |
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