Friday, October 23, 2009

Shipping Downturn?

Simon Perry recently reported in the Daily Mail about the "ghost fleet" of commercial ships tied up near Singapore. These ships sit idle because of the economic downturn. You can read the entire article here.

We recently reported the Amver on plot average hit an all time high. Let's take a quick look at how these idle vessels, when put back in service, can have a significant impact on Amver.

Ships laid up
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