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Tuesday, January 06, 2009

"Oceans filled with nothing but - pirates!'

Best use of "pirates" in a non-ship capturing manner in this report on the collapse of the bulk shipping market here:
The chart depicts a plunge unlike we’ve ever seen, and tells a tale of woe, woe, woe on the water. Essentially, contracts for bulk shipping evaporated, leaving the oceans filled with nothing but – pirates!
Nicely done. Though a little depressing for the shipping industry.

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