Independent journal on economy and transport policy
01:34 GMT+2
Asian shipping industry Buffetted by economic storm
(Shipping Times)
March 23, 1998
Shipowners suffer as profits are squeezed by Asia's dwindling imports, despite rising exports to the West
SEA traffic in financially troubled Asia has slowed in the wake of the region's economic turmoil, and shipowners are feeling the pinch. Industry sources and brokers said last week that profits for the region's shipping industry ...... Read more on Shipping Times
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