Revealed: The ghost fleet of the recession

http://www.dailymail.co.uk/home/moslive/article-1212013/Revealed-The-ghost-fleet-recession.html#ixzz0R04TnM2N ^

[Orange1998]

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 - and is why your Christmas stocking may be on the light side this year

Read more: http://www.dailymail.co.uk/home/moslive/article-1212013/Revealed-The-ghost-fleet-recession.html#ixzz0R0k4822N

[Orange1998]

Very interesting read. So much for the green sprouts.

[MNJohnnie]

We are so screwed.

[FormerACLUmember]

I just saw the exact same phenomena 3 weeks ago, as I sailed into the waters approaching Athens, Greece. Hundreds of mothballed oil tankers and cargo ships at anchor. All victims of the world wide economic devastation directly caused by Obama, Barney Frank, and the rest of the financially insane democrat ruling class.

Singapore harbor:

[BGHater]

How Google Earth explains the financial crisis

[Peanut Gallery]

ping

[Orange1998]

You would think after spending Trillion of dollars the ships would be on the move. Opps.... Instead Paulson gave it to the bank who held on to it.

[ken21]

and the church of england is going to be an islamic mosque.

[rellimpank]

-—more—

—http://www.freerepublic.com/focus/f-news/2338474/posts

[blam]

[Orange1998]

Oops! Never seen it posted.

[tbw2]

This looks like a perfect opportunity for someone to buy up the ships and create a floating new nation. ObamaCare Jokes Obama Jokes

[Nathan Zachary]

I wonder why we don’t see all the envirowienies protesting at these ship parking lots about all the bilge oil floating around, demanding it be cleaned up.

Just goes to show they are only interested in destroying the US economy.

[Bean Counter]

Interesting read indeed.

A couple of months ago there was an article in the Oregonian about the mounting numbers of idle railroad cars that are being stashed on long unused sidings. The focus of the article was how people who bought land “with a view” and who always supposed that old railroad line would be converted to a nature trail, but are raising hell because the parked rolling stock blocks the view.

Much of those thousands of idle pieces of rolling stock are used to transport the containers those ships are no longer delivering, so it is easy to see how this snowballs in between Countries and industries. Shipping is so inter-modal now that if one sector is affected, you can bet that there are others that are at least as bad if not worse off.

[BGHater]

What’s not talked about is, these cargo shipping companies have ships being constructed right now!

They paid top price on them, what are they gonna do with them?

Floating condos? Lol. They will double their fleet in some cases. What a disaster.

[MNJohnnie]

Give them to the US Navy for live fire exercises.

[Nathan Zachary]

It isn’t just rail cars, but barges that carry billions worth of goods a year up and down the Mississippi river system are idle as well. Same as the great lakes waterways, not much moving at all.

[dog breath]

Maybe now is a good time to start seriously considering marketing, Democratic Party Commemorative Hobo Hooks, for hopping freight cars. they will come with a Obama, “What me worry blanket,” for the total kit. They make the cars a little taller nowadays so you will need a assist when riding the rails. I am also picturing a George Bush one for the Democrats.

[rellimpank]

—no problem—when I see a repost , I usually include a link so you can catch up on the other thread-many an article posted during the night needs a repost after everybody is up, IMHO—

[Orange1998]

How can the Feds claim we are on the road to recovery when the facts are plain as day. Until these ships, trains, barges get moving there is no recovery.

[Nathan Zachary]

"Floating condos? Lol. They will double their fleet in some cases. What a disaster."

A lot of those ships are past their usefull life, and will be scrapped, as well as single hulled oil tankers that are supposed to be banned from service already.