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EXCEL MARITIME CARR Message Board

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  • cwtripps cwtripps Sep 28, 2008 6:57 PM Flag

    Credit Crunch will break down MANY ships due for 2010+ delivery

    what I'm saying is credit crunch is and WILL ruin any NEW MONEY to the Shipping Game or to Greenfields who "thought" they could just throw up a business and build these ships

    the ones that are strong will have more than enough work and of course steel is needed

    the greeks and the strong chinese tankers will be the winners. dsx, drys, exm, drys will be stronger and pick off any weak ones in shipping

 
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