1. BUSINESS:
'Ghost Fleet' sets sail on sea of high commodity prices

ISLE OF WIGHT COUNTY, Va. -- Capt. Christopher Newport and more than a hundred colonists shoved off the English shore in the Godspeed and Susan Constant in 1607 with dreams of making their fortune along the James River here. Four centuries later, the wooden Virginia Company ships have been replaced by the Escape, the Cape Alexander and more than two dozen more rusty vessels on the James River. But this U.S. government-owned flotilla is more the stuff of litigation than legend. Dubbed the "Ghost Fleet," the ships creak and moan in the flow of the wide river. Some vessels, which performed refueling and other non-combat functions for the military, have squatted in the middle of the waterway for more than a decade. But now it seems China's booming economy and lust for metal have made the Ghost Fleet a hot commodity. Go to story #1