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You are here: Home → Archive → 2009 → Mar → 26 → Keeping shipping from a recessionary safety slide

Keeping shipping from a recessionary safety slide

by Obsidian — last modified Mar 26, 2009 12:00 AM

Ship operators will likely cut back on non-essential work on ships in a bid to save costs over the next 12 months.

The industry is being encouraged to cut back on such discretionary spending as it tightens its belt to survive the global economic downturn.

But Shipping Australia Limited, representing shipping lines operating in Australia, said there was no evidence that any...

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