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Revealed: The ghost fleet of the recession anchored just east of Singapore | Mail Online
"'Globalisation and shipping go hand in hand. Worldwide, we ship about 8.2 billion tons of cargo a year. That's more than one ton per person and probably two to three tons for richer people like us in the West. If the total goes down by five per cent or so, that's a lot of cargo that isn't moving.'" (Source: Daily Mail)
Snow crash is coming.
Sign of the recession anchored off Singapore
couple of years ago these ships would be steaming back and forth. Now 12 per cent are doing nothing
ghost fleet of the recession anchored just east of Singapore, Close to 500. An armada of freighters with no cargo, no crew. last year, an Aframax tanker capable of carrying 80,000 tons of cargo would cost £31,000 a day ($50,000). Now it is about £3,400 ($5,500)Travel by Cargo Ship Around the World
This is no luxury liner hopping between Caribbean islands. It is a modern freighter. Hundreds of cargo ships, carrying everything from fire engines to apples, are crossing the world's oceans and many are happy to take you along for the ride. A far more intimate and relaxed experience than you might imagine, the experience on board is a sharp contrast to the rough and industrial outward appearance a container ship tends to project. You will be one of a handful of passengers amongst a crew that is unlikely to number more than a few dozen. There will be no organized games of bingo or evening cabaret show. You might, however, be invited to karaoke with the sailors and you will almost always dine alongside the captain, who is far more likely to turn up in shorts and a t-shirt than full uniform.