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Friday 28 December 2012

Worldwide less employment for tankers according to the Dutch newspaper De Tijd dated 9 December 1957

An item reported that world wide the employment for tankers was decreasing. This decrease caused the Shell Group to lay up some tankers and she confirmed the Financial Times that a few of her tankers were laid up in British harbour. In the Netherlands however were still none Shell-tankers laid up. Earlier acted the British Petroleum Company in the same manner by decommissioning nine tankers. The freight rates in the so-called tramp shipping were since the highlight during the Suez Canal crisis decreased to a not longer profitable level and an increasing number of independent shipping companies decided to laid up their ships.