Posted on 09/29/2009 4:37:01 PM PDT by Vince Ferrer
Exceeding unemployed carrier controlled fleet for first time
The fleet of idled container ships controlled by charter ship-owners reached a record high in September and exceeds the number of unemployed vessels controlled and operated by ocean carriers for the first time.
The non-operating owner fleet without work has risen to 654,000 20-foot equivalent units as ocean carriers shrink their capacity and return chartered ships to their owners when they come off hire, according to Alphaliner, the Paris-based container shipping consultancy.
The carrier-controlled idle fleet stood at 643,000 TEUs and has fallen below the non-operating owners unemployed fleet for the first time since Alphaliner started tracking the jobless container fleet last October.
The total idle container fleet stood at 548 ships of 1.3 million TEUs on Sept. 28, representing 10 percent of total capacity measured in TEUs or 11.6 percent of the total number of cellular ships.
There are 379 non-operating owner ships without work compared to 169 idle vessels controlled by ocean carriers -- both owned and chartered -- according to Alphaliner.
The next generation of public housing
Question: why are so many ships registered in Panama?
Answer: Because when Samalli pirates capture them, the Panamanian Navy along with their special forces snipers make short work of the pirates.
Tax breaks, I think.
And union avoidance.
That's an "Eats, shoots and leaves" headline if I ever saw one. I wonder how many hit records Idled Charter Box shipped!
Taxes.
Your Ministry of Truth reminds you that the economy is recovering. We repeat: the economy is recovering. All hail Obama. That is all. |
What this really means is that Imports and Exports are not happening and all world markets are in massive decline. Goods from China are not being shipped to the US. So the Chinese are suffering from or lack of spending too.
We worry all the time about the Chinese overtaking our economy but it can’t happen when we are not buying their goods and the rest of the isn’t buying too.
No joke. Some crafty folks have insulated, plumbed, electrified and decorated these boxes and made some very handsome backyard cottages. Stack them up and you’ve got multiple floors. I saw some examples in a magazine, and they look cool.
Why not low-income housing?
We use containers for housing in Afghanistan. Beats living in tent.
yes, why not? Doesn’t the military do something like that in Iraq?
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