Vorsicht I reckon you are correct. Only possible faux-silver lining is that they (in their generosity) offer 10+ year skippers a 50% paycut to take a 'basing'.
Several advantages to the company for doing that. Best of all, assuming most guys refuse (ala' J*), they can turn around and offer it to DECs saying "I told you so, people
love living in Dubai". Either way EK wins.
