Independent journal on economy and transport policy
15:40 GMT+2
S'pore repair yards to face keen competition from region
(Shipping Times)
July 7, 1999
Overcapacity, new facilities with lower costs will lead to downward price pressure: report
By Marcus Hand
[SINGAPORE]
Despite a 13 per cent rise in shiprepair activity here last year, Singapore's repair yards are set to face stiff competition from lower cost facilities in the region, according to a consultants report.
On a global basis, shiprepair demand ...... Read more on Shipping Times
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