Originally Posted By: adam2
However in this particular case I suspect that ships are idling at sea because the goods that they carry are not much in demand. If fewer consumer goods are being sold, then retailers will delay replenishment and wholesale suppliers will be left with excess stock. Importers may then lack either the money, or the physical storage space to accept more imports.

With the present low shipping rates it may make economic sense for ships to wait at sea until either another buyer for the cargo can be found, or until the original buyer belatedly has the money or the warehouse space to take the goods.

As the links I provided indicate, that is not the reason ships are anchored. To summarize, ships that are moving are operating at a loss just to contribute to the interest, not the capital, of said ships.

Jeanette Isabelle
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I'm not sure whose twisted idea it was to put hundreds of adolescents in underfunded schools run by people whose dreams were crushed years ago, but I admire the sadism. -- Wednesday Adams, Wednesday