Ship Industry May Mothball Most Vessels Since 1970s, GAC Says Share | Email | Print | A A A By Alaric Nightingale April 7 (Bloomberg) -- Shipowners may mothball the largest number of vessels since the 1970s as global trade slumps, according to GAC Solutions Ltd., the world’s biggest provider of services to the industry. About 1,000 container and commodity carriers are sitting at anchor with no ...

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Published: 3 months, 1 week ago (Tue, 07 Apr 2009 10:14:10 PDT); 1709 bytes
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