These are dicey times for shipowners who play that gambler's game called tankers. As a result of the slowdown in the growth of petroleum consumption and some reckless overbuilding by shipyards in the early 1970s, the tanker business is in the worst depression in memory. Fully 10% of the world fleet sits idle for lack of cargo.
In short, it should be no trade for a tyro, even an attractive girl of 26 who happened to wind up controlling one of the world's largest privately owned fleets. So how is Christina Onassis doing...
To continue reading:
or
Log-In
