This article is not related to Dryships, specifically, but deals with the state of shipping in general, dry, wet, containers...

Article at FinancialPost.com is located here .

The scariest line is this:

"The London-based ship broker Howe Robinson recently warned of an impending "disaster" as the industry tries to cope over the next three years with the arrival of 3,000 bulk carriers ordered by 479 ship owners."

I thought it was the other way around... that many builds had been cancelled, often involving cancellation pernalties, and that few shippers were placing new orders. And that, as aging carriers get retired, there would actually be a shortage of ships when the economy recovers.