Here's something you might be interested in.
Supertankers are Loosing money. The golobal oil-tanker flet will expand by 86.5E6 deadweight tons or 27% of the existing tonage in the next two years. This will bring up the total to 526 ships or 320.5 deadweight tons. There are so many ships now, that with the decline in demand for crud oil that they are used for storage in a new market that has a for faster delivery time price to increase the profit margin. Ref: The San Diego Union-Tribune, 11/05/10 page C3 A note on the election. Meg Whitman took the County of San Diego with 50% of the vote. Carly Fiorina took the County of San Diego with 51% of the vote. I bet if the Senate vote was only in Southern California, which Carly would have represented she would have won the election.
Supertankers are Loosing money. The golobal oil-tanker flet will expand by 86.5E6 deadweight tons or 27% of the existing tonage in the next two years. This will bring up the total to 526 ships or 320.5 deadweight tons. There are so many ships now, that with the decline in demand for crud oil that they are used for storage in a new market that has a for faster delivery time price to increase the profit margin. Ref: The San Diego Union-Tribune, 11/05/10 page C3 A note on the election. Meg Whitman took the County of San Diego with 50% of the vote. Carly Fiorina took the County of San Diego with 51% of the vote. I bet if the Senate vote was only in Southern California, which Carly would have represented she would have won the election.