150 ships including few tankers laid up in Fujairah.
40 Cntr ships of NOL are being laid up in Singapore.
Most bulk carrier rates have fallen by more than 90% in last 3 months and many ships are getting scrapped / new orders being cancelled. Many owners weighing options to lay up their ships with skeleton crew onbd.
Offer brothers, Maersk have announced laying up of their ships.
Seaspan , IMC, MSC are looking to shift their crewing operations to Chinese staff.
First 6 new building ship order to Pippava ship yard has been cancelled as the company which ordered the ships has gone bankrupt. The vessel were scheduled to be delivered from Jan-09.
Oil trade is likely to get effected after March once the demand for heating reduces in Europe n north America.
Best bet at this time is join large & efficient company like Anglo-Eastern. Only good people working with good companies will survive in long run