“Shipbreaking” #60, the International Shipbreaking Show
“Shipbreaking” # 60 (pdf – 9.4 Mo)
Bulletin of information and analysis on ship demolition
April, May, June 2020
– The banks are booby-trapped. They’re lending money to ship owners. They think they are protected by a multi-million dollar first mortgage taken out on the ships and sometimes it goes bad. A bank in Hong Kong discovered this by reading “Shipbreaking” # 58, among other things. Ongoing investigation… See p.2.
– The FLOC of the VLOC ex VLCC. The uninitiated will understand what it means by following the crossword in ” Shipbreaking”, p. 5. It’s not safe to convert an oil tanker into an ore carrier.
