Thread: News Stories
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Old 2009-09-14, 08:58   Link #3933
LynnieS
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Join Date: Mar 2003
Location: China
It seems that this Christmas, presents may be fewer and/or smaller than previous years'...

Large number of merchant ships idle near South Malaysia
Quote:
The biggest and most secretive gathering of ships in maritime history lies at anchor east of Singapore. Never before photographed, it is bigger than the U.S. and British navies combined but has no crew, no cargo and no destination - and is why your Christmas stocking may be on the light side this year.
That number, estimated at 12% of the world's container ships, is amazing. Given that it's now mid September, orders for Christmas are already being finalized - if not so - and should be on their way. If this many ships are idle, either there have been way too many built (always possible) or the shipments' number have shrank - and not yet improved. Hopefully, these get back into business soon.
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