Are We Really Out Of The Recession?
Filed Under World Economy, World News · Tagged: singapore, world cargo ships
If you keep up with international news, you may have seen this picture on Britain’s dailymail.co.uk on September 16. The story said:
“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…”
What a stunning image of the world’s cargo shipping industry in the doldrums. The world’s cargo navy with no cargo to carry…
Thoughts?
