just when the market was making a
''comeback'' the lehmann and so called domino
effect struck.... everybody is K.O.
question now is ''when will the
recovery be'' as certainly there will be one!
some operators are taking on period
vsls at 'lower than used to be' numbers as a gamble
which is really a gamble... and
well.., the page is forecast page and
it goes as follows :
2009 is to be forgotten. running costs
will not be achieved.
when finance in order, enough scrapped,
most laid up, a recovery in 2h 2009 is expected
whenafter laidups get in market and again disaster.. a
recovery in 2011, but owners not the real deal but only
a service sector as in the past. 2-3 more similar cycles
for the bliss. a generalization : bad markets dont
recover before 3-4 years.