“Ithink the market has been distorted in the past by people who are notshipowners, ordering ships and doing new projects, doctors and taxi drivers and[people] like that.”

Soa not guilty plea on over ordering on behalf of the world’s shipowners from PolysHajioannou of Safe Bulkers.

(Hajioannousays take it slow)

“Banks,with notable exceptions, are wiser and regard foreclosures as a true lastresort only when the bank-client relationship has vanished.”