05 December 2008	The on-line newspaper devoted to the world of transports	06:09 GMT+1

June 17, 2003 (posted June 14) Shipowners’ rough seas Companies cite foreign exchange woes In the wake of recent foreign exchange losses, the Korea Shipowners’ Association has called on the government to reform the industry’s current accounting system. The association held a seminar yesterday to address the issue. It said shipping companies, which purchased vessels ― some costing hundreds of millions of dollars ―locally in U.S. dollars borrowed from international institutions, run into the red when the economy booms but post surpluses during economic hard times ...... Read more on JoongAngIlbo Search for hotel Destination O Other destinations Check-in date 12345678910111213141516171819202122232425262728293031 JanFebMarAprMayJunJulAugSepOctNovDec Check-out date 12345678910111213141516171819202122232425262728293031 JanFebMarAprMayJunJulAugSepOctNovDec Search on Select the subject:  All News Ports Tourism Database Aviation Trucking Index Home Page Press Review - Piazza Matteotti 1/3 - 16123 Genoa - ITALY phone: +39.010.2462122, fax: +39.010.2516768, e-mail