Found this out there! Whether you believe SSW business model will do well in this economic environment (I do-its less than 40 ships active for them), it is obvious that shipping in general is totally stressed! See the article.
I certainly am not buying any other shipping companies anytime soon! Again when you read this remember that SSW has long term per/day contracts signed. Contracts are always made to be broken, but I believe SSW contracts would be the last to go!--JMO! Therefore I hold-but there are always dangers!
Kutz