Lay-up lairs get scarcer
Finding space to lay up increasing numbers of containerships, bulkers, tankers and other vessels could become a big issue, with fewer benign locations than during the last major industry downturn in the 1980s.
The warning was sounded by Lloyd's Register Asia shipping head David Power, who said that bays around Piraeus had been used in the 1980s and that the Mediterranean still had some places.
But he questioned if local governments in...
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