Monday, January 12, 2009

New Car Ships going straight to lay-up

From Lloyds List - New Vehicle Carriers face lay-up

Major PCTC operators, such as the big three Japanese lines NYK, K Line and MOL, all say they are taking whatever action they can to trim ship capacity as demand collapses. Ships are being off-hired, sold for scrap, or left at anchor where possible.


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