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Shipping News and information / Re: Laid Up Ships
« on: December 24, 2008, 02:21:16 PM »
Received news this morning that Coastal Bulk Shipping have ceased trading due to the adverse effects of the economic downturn and poor bulk market. As mentioned in other posts most if not all of the fleet are now layed up in the Thames region. These vessels used to be regular traders on the Humber and Trent but I hadn't seen sight of any of them for some time and now the reason is all too apparent. Unfortunately I don't think they will be the only short sea operators to be put out of business by the current downturn.