Courtesy of Mish.
Commerce Ground to a Halt?
Claims have surfaced that not a single transport ship in the North Atlantic is moving.
For example, “Superstation” claims that in a Historic First, hundreds of ships are said to all be anchored along coasts, with nothing moving.
ZeroHedge picked up the story in “Nothing Is Moving,” Baltic Dry Crashes As Insiders Warn “Commerce Has Come To A Halt”.
Countless others picked up the story from ZeroHedge who “confirmed” the story.
ZeroHedge said “We checked VesselFinder.com and it appears to show no ships in transit anywhere in the world. We aren’t experts on shipping, however, so if you have a better site or source to track this apparent phenomenon, please let us know. We also checked MarineTraffic.com, and it seemed to show the same thing. Not a ship in transit…”
The Real Shipping Story
Let’s sort out reality from hype from Marine.Com.
Cargo Vessels and Tankers Anchored
click on any image for sharper view
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