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You are here: Home → Archive → 2009 → July → Weekly Edition 30th of July 2009 → Cancellation and deferrals spread across all sectors

Cancellation and deferrals spread across all sectors

by Richard Meade — last modified Jul 30, 2009 06:16 PM

Owners cut repairs as ports scale back on equipment purchases, writes Richard Meade

CANCELLATION of ship orders may have caught the industry’s attention but there is a growing body of evidence suggesting that cutbacks and cancellations are now endemic across all maritime sectors.
Smaller ship repairers report that repair and maintenance work...

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