Hi Neil, I hope the heat doesn't make anyone dizzy. It appears the pendulum is swinging pretty fast with the Resource sector. If the economies of the world do enter a recession, this doesn't make any sense. So, either there's no recession in site (global, that is) or recent investors are arriving late to the resource party.
As you indicated, some ships that are abandoned don't sink. Some are worth the effort to salvage. It's certainly less expensive to work the salvage end than to buy at the Boat Show.
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