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17 September 2021 The on-line newspaper devoted to the world of transports 19:14 GMT+2

April 27, 2001

National fleet plan in doldrums

State control scares off private investors

Amornrat Mahitthirook

A national shipping fleet is unlikely to get off the ground if the state keeps majority control, shipowners say.

Chanet Penchart of the Thai Shipowners' Association said private companies were unlikely to invest if the state was set on keeping 51% control.

"If the state has the majority, ......
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