I was chatting with a friend of mine in the shipping business. Not just cruise lines but some of the biggies in shipping (Maersk, Hapag Lloyd, Evergreen) are also taking advantage of the Covid-related downturn to scrap their older hulls while taking the loss against profits and also claiming what they can from insurance.
I was chatting with a friend of mine in the shipping business. Not just cruise lines but some of the biggies in shipping (Maersk, Hapag Lloyd, Evergreen) are also taking advantage of the Covid-related downturn to scrap their older hulls while taking the loss against profits and also claiming what they can from insurance.
Sounds like we are in for some economically hard times beyond what people today can comprehend.
Sounds like we are in for some economically hard times beyond what people today can comprehend.
That might very well be correct.
That might very well be correct.
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