From the INFRASTRUCTURIST blog (who quote the Daily Mail):

the Daily Mail has gotten an amazing scoop on the current state of [the shipping industry], revealing that there’s a huge “ghost fleet” of mothballed freight ships anchored off the coast of Malaysia (pictured above).

“…the biggest and most secretive gathering of ships in maritime history. Their numbers are equivalent to the entire British and American navies combined; their tonnage is far greater… [they are located] along the coastline of the southern edge of Malaysia’s rural Johor state, 50 miles east of Singapore harbour. It is so far off

Posted at 3:51pm.