Propulsion systems: $5 billion market by 2007

Marine Log

Marine propulsion systems are expected to grow to become a $5 billion market by 2007.

Over the next five years vessel tonnage delivered by yards is expected to increase by 4%, while vessel numbers will fall by 10%. Total propulsion power, however, should increase by 8% when compared to the 1997-2002 period.

These are amongst the results of a new ......
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