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In other words, now is the perfect time for them to put their ships in the docks and perform maintenance and upgrades without losing money from missed shipments.

Ships already beat (most?) other forms of transport on oil-per-tonnage-mile, why not fix the last few wrinkles that make them look bad?



This is already happening with smaller and more inefficient ships being scrapped. From one article: http://www.zawya.com/Story.cfm/sidZAWYA20091014053222




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