Subscribe to RSS feedFinancial crisis to see Asia dominate shipping
by
Mike Grinter, Tokyo
—
last modified
Jun 05, 2009 03:16 PM
WHAT might feel like a global shipping meltdown will in hindsight be viewed as a worldwide shift to an Asian domination of the maritime industries.
Such was the conclusion of a shipping finance forum in Tokyo last week.
Asia’s determination to protect its shipbuilding industries and to secure its means of supply through nationally-owned tonnage has destroyed predictions that a lack of finance would...
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