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Ultimately the New York was the best performer in these exercises, the only ship rated as "excellent" while many of her sisters received mediocre performance reviews.
The 1890 British ship, rated at 5,088 gross register tons, was carrying government stores; five of her crew perished in the attack.
By the turn of the nineteenth century, however, it had become a dependable, highly policed hub for settling cargo-ship rates and regulating freighter transactions, where deals could be closed with a handshake.
The price includes all shipping rates and accommodation.
"Frankly, the shipping rates are high from Europe," she said.
In addition, England runs refrigerator trucks, a specialty that commands higher shipping rates.
The weaker trade and overcapacity has sent ocean shipping rates plunging in recent years.
This had a dramatic impact first on shipping rates, and then on supply (see chart).
There has been a 350% rise in bulk shipping rates in the past two years.
The subsequent recession in the rich world sent shipping rates tumbling.
The Baltic Dry Index, a measure of shipping rates for bulk goods, has foundered.
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CEO of Professional Science Editing for Scientists @ prosciediting.com