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04 December 2008 The on-line newspaper devoted to the world of transports 07:13 GMT+1



October 19, 2000

High oil prices hit marine transport, fishing sectors

Persistently high oil prices may spark a chain of bankruptcies in maritime transportation and fishing industries by sharply boosting costs, industry representatives feared yesterday.

At a meeting with Noh Mu-hyun, minister of maritime affairs and fisheries, held at the Korea Shipping Association in Seoul, the representatives complained that profit margins ......
Read more on The Korea Herald



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