We recently posted about the record congestion in the ports of Los Angeles and Long Beach where over 60 container ships wait at anchor or simply drift offshore awaiting berth space. The port congestion has spread to the East Coast … Continue reading
Tag Archives: Asia
Four years ago, the luxury liner Queen Elizabeth 2 was sold to financial interests in Dubai who planned on converting her to a luxury hotel. Unfortunately, the arrival of the ship coincided with a credit crunch and near financial melt-down in the emirate. Last July, … Continue reading