Ships in the Singapore Strait. Photo: thisischriswhite.com
What a Singapore Strait traffic jam says about the world economy
- A decade ago, the global recession created a maritime car park of ghost ships in the Singapore Strait
- Now there’s a similar stockpiling of ships, but it’s more like a traffic jam, created by burgeoning demand
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Singapore
Ships in the Singapore Strait. Photo: thisischriswhite.com