Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
This is actually a pretty big deal and I'm surprised it's not hitting the news more. A lot of their ships have been seized and that includes all the customer cargo onboard
This is actually a pretty big deal and I'm surprised it's not hitting the news more. A lot of their ships have been seized and that includes all the customer cargo onboard
Better do your Christmas shopping early, because Christmas was on those boats.
Location: East of Seattle since 1992, 615' Elevation, Zone 8b - originally from SF Bay Area
44,563 posts, read 81,147,605 times
Reputation: 57767
Like other industries, mergers, acquisitions and consolidation are the new way. Eventually there will be little competition, and a lot of monopolies. In the case of ocean shipping, those with the new megaships and those ports that prepare from them will end up with all the work.
Fewer and bigger leading to Oligopoly control of prices to avoid market competition. How capitalist.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
