Hi @DDMHC.
I share your joy re Swagman
It supposedly sat in Singapore for about 3.5months. Aside from poor market conditions, do you think there might be other reasons for its dormancy? is it possible of lease contract provisions could have been in play.
For me, this dormant period was-
1. disappointing;
2. not consistent with previous 12 months of hyperactivity of all vessels;
3. inconsistent with WLD's 'operator ambitions' rather than trade ambitions; and
4. not supportive of any new build ambitions.
Have a great day.
Ann: Wellard Successful in International Arbitration, page-35
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