The Effect in Shipping

Wow, now we are feeling the effect of the world financial condition. First, there was slower loading of luxury cars onboard our vessels. Then our annual party for seafarers is cancelled as part of our cost cutting measures. Now, it seems that even our Christmas party is affected and we will not have one this December. Our Oslo office cancelled theirs, most likely we will cancel ours.

As for our seafarers? Hmmm… let's see, but people have been whispering that the "tides have turned." We'll see.