Independent journal on economy and transport policy
19:45 GMT+2
Domino effect of overcapacity in shiprepair
(Shipping Times)
March 30, 1998
By David Hughes
LAST week's announcement of the proposed merger between Keppel Shipyard and Hitachi has got to make sense. The VLCC repair market on which Singapore's main yards largely depend is getting increasingly competitive.
So, on an operational level, bringing the two yards together should bring the benefits of pooled expertise and increased flexibility. ...... Read more on Shipping Times
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