3 ms·
Hadn't seen this before, but it's not surprising. Prices for international shipping have plummeted by 80% since early 2008 (check out the Baltic Dry Index, ht
by URSpider94 17y ago
Hadn't seen this before, but it's not surprising. Prices for international shipping have plummeted by 80% since early 2008 (check out the Baltic Dry Index, http://tr.im/yUGQ http://tr.im/yUGQ ). Faced with these kinds of cuts, companies have no choice but to park portions of their fleets and consolidate cargo. Boats like this are designed to be at sea, not in port -- the only real option is to anchor somewhere safe, keep a skeleton crew aboard, and hope that business picks up.