Thursday, March 4, 2010

Gypsum flowing - a good sign

With today's departure of Alice Oldendorff with a load of gypsum for Baltimore, there are signs that gypsum may be starting to flow again.
The ship arrived from the Mediterranean via Rotterdam, which indicates to me that the ship has now been repositioned on this side of the Atlantic. A ship sailing in ballast across the Atlantic to load gypsum, would not be a normal spot trip, so there must be enough work to keep the ship on this side.
Other good signs: There was a huge pile of gypsum at National Gypsum earlier this week, and Georgia S made back to back trips, without lying at anchor between times.
Gypsum is an early sign of economic recovery, so it is worth watching how much activity there is.

[April 21, 2007 photo]

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