Shipping as it was

He had many ships the old ship owner
He liked to visit his vessels eat the onboard cuisine
Talk to the crew he knew their names
Listened to them and their problems
****** stayed onboard long on his ship some
Tor years they knew nothing of life ashore
And when the ship was in harbour only ventured to
The nearest bar one can say they had become
Shipionalised  
He died the old man and the expert shipping people
Took charge, reduced the crew number no benefits
Finally hired crew from Asia and flagging out to
Avoid paying taxes.
Shipping as we knew it had come to an end, sad
But nothing lasts forever but it galls me to think
Fifty thousand seafarers lost their job and
It didn't make a headline in any newspaper