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Are you implying that most of the world's trading inventory and working capital is, at any given moment, afloat on cargo ships ?
by danw1979 7y ago
Are you implying that most of the world's trading inventory and working capital is, at any given moment, afloat on cargo ships ?
- cascom 7y agono, but the value is staggering given that commercial vessels may have hundreds of millions of dollars of product aboard at any given time [1] Check out the the number of commercial ships on this map - tell me slowing them all down is a good idea for world trade. [2] [1] https://cdn.ihs.com/www/pdf/Vessel-Accumulation-Cargo-Value-Estimation.pdf https://cdn.ihs.com/www/pdf/Vessel-Accumulation-Cargo-Value-... [2] https://www.marinetraffic.com/en/ais/home/centerx:-15.5/centery:42.4/zoom:2 https://www.marinetraffic.com/en/ais/home/centerx:-15.5/cent...