Independent journal on economy and transport policy
08:36 GMT+2
Brazilian shipping Uphill task to stop decline
(Shipping Times)
June 25, 1998
Authorities try to turn around the fall in Brazilian-flag tonnage caused by ballooning debt and high costs
A ballooning national debt and the cost of the Brazilian flag combined to cause a striking decline in Brazilian-flag tonnage over the last decade. In 1996, Brazil paid about US$5.5 billion (S$9 billion) to ship freight in ...... Read more on Shipping Times
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