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Unemployed ships filling up Singapore's waters

Several areas in Southeast Asia are filling up with idled vessels, particularly from the oil industry. In just one single bay, Norwegian carrier Wilhelmsen Ship Management has up to 60 vessels lying idle, reports Reuters.

Several areas in Southeast Asia are beginning to run out of space for the growing fleet of unemployed and idled ships and vessels, particularly from the oil industry. This includes Indonesian island Batam, a popular tourist spot just one hour’s ferry trip from Singapore, and which is now close to being fully packed with ships, writes Reuters.

One of the biggest vessel "parking lots", the bay of Brunei in the northern region of Borneo, is about to reach full capacity, while the local companies, who provide security and maintenance on board, are looking for new suitable areas.

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