abstract:The kelson or keelson is the member which, particularly in a wooden vessel, lies parallel with its keel but above the transverse members such as timbers, frames or in a larger vessel, floors. It is fastened to the keel partly to impart additional longitudinal stiffness to it but principally to bind the longitudinal members (keel and hog) to the transverse members (frames and floors).
Plus, Mr. Kelson says he also thinks yields on German bonds could continue to fall as the situation in Europe is far from resolved, and any fresh scares will likely drive more capital into Germany for safety.