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The German Maritime Industry

Although the overall market share is small (four percent based on gt; seven percent based on cgt worldwide), the German shipbuilding industry is number one in Europe and number three in the world. German shipyards are specialists in building high-tech

Coast Guard Improves Inspection Program To Detect Unsafe Tankers

More Oil Is Shipped In U.S. Waters Than Any Other Commodity; Petroleum And Petroleum Products Account For 40 Percent Of The Cargo Shipped Through U.S. Waters C o a s t Guard inspections have not always been reliable in detecting unsafe tankers.

Korean Shipbuilders Request Reduction Of Interest Rates

The major Korean Shipyards have recently asked the Korean Government to lower the interest rate on loans for ship and plant equipment exports on deferred payment terms. At a recent meeting arranged with the minister of commerce and industry at the Plaza Hotel in Seoul,

SECONDHAND SHIPS: Market Sector Prospects And Investment Options During The 1990s

For the investor looking at rates of return from the secondhand ship market, the 1990s should see major changes in the fortunes of players working the different fleet sectors. Taking the return generated on both trading profits (defined as time charter

As Banks Step Down, Equipment Finance Companies Step Up

Shipowners are known for having distinct differences of opinion, but the one thing that all agree on is the importance of having access to capital. In an industry in which assets are generally bigticket items and operating margins can be thin,

Steel, Ship Prices Soar as Tankers Stay Firm

Soaring steel prices are now a major concern for leading shipbuilders. Uncertainty about spiraling material costs is even causing some yards to defer new orders, market reports indicate. "The lack of steel in some shipyards of the three major shipbuilding nations

 
 
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