Independent journal on economy and transport policy
22:00 GMT+2
Japanese yards trim operations
(Marine Log)
March 22, 1999
Nihon Keizai Shimbun reports that major Japanese shipbuilders have begun to trim operations in response to a to a plunge in new orders since last fall. The current order backlog will take 18 months to perhaps two years to fill, but shipbuilders will slow the pace of construction in the view that longer-term demand has topped out.
Mitsubishi Heavy Industries ...... Read more on Marine Log
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