A Leading Economic Indicator

Via Infectious Greed

Just over 11% of global containership fleet unemployed

Michelle Wiese Bockmann - Wednesday 18 March 2009
JUST over 11% or 434 ships in the global containership fleet are currently unemployed.

The latest Alphaliner statistics showed that an additional 31 ships have been placed in lay-up since March 2.

Alphaliner said numbers of idle ships were still growing, but at a slower pace.

A good indicator of the level of trade that is not occurring globally. Makes me wonder how that affects local economies of port cities? Savannah, GA? NYC?

| www.jlefevere.com |

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