Independent journal on economy and transport policy
01:07 GMT+2
China's ship breakers face another year of losses, says industry body
(Platts)
March 25, 2014
Singapore
China's ship-breaking industry appears likely to repeat last year's financial losses in 2014 amid government plans to cap steel output, limited ferrous scrap demand, high purchase prices for obsolete vessels and a steady decline in domestic scrap prices, the China National Ship-recycling Association, or CANSI, told Platts Tuesday...... Read more on Platts
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