Bit off thread...
but the last post reminds me of when I first went to sea in 1984 with BHP, we had 23 bulk carriers managed by a shore staff of about 200 people, our competitor the government owned ANL (Aust. National Line) had a fleet of 35 ships with a shore staff approaching 5000 people.
When the new CEO was appointed to ANL in 1985 he was heard to say that it was a good company ruined by a few dozen ships....has a familiar ring to it?