Canary Islands as cemetery for offshore ships - Las Palmas de Gran Canaria, Gran Canaria, España - News Article Locations on Waymarking.com

Several newspapers report on the (mis)use of the Canary Islands as anchorage and ship cemetery for unused offshore ships.

Here is an excerpt:
The lower oil price and the overcapacity of existing production wells continue to cause the market for drilling vessels and platforms to stagnate at a low level. This is particularly evident in the Canary Islands. In the ports and anchorages of Gran Canaria and Tenerife, 30 major industrial units are currently anchored. Some of them are mothballed, some are cold. Some older platforms are now threatened with an end to scrapping. Even numerous units from South America have joined the fleet of trailers in the Canary Islands. According to estimates, 30 to 36 percent of all semi-submersible platforms and drilling vessels worldwide are currently unemployed.

Source:thb.info (translated)

Type of publication: Internet Only When was the article reported?: 10/25/2017 Publication: THB (Daily port report) Article Url: [Web Link] Is Registration Required?: no How widespread was the article reported?: national News Category: Business/Finance

Visit Instructions:
Give the date of your visit at the news location along with a description of what you learned or experienced.

Recent Visits/Logs:

There are no logs for this waymark yet.