Government optimism not shared by yards
Article Abstract:
Many owners of shiprepair yards are apprehensive about their prospects despite government reports indicating a highly viable market. Ship repairers feel that reductions in the defense budget, as well as other government cutbacks, have had some detrimental impact on their business. They also claim that efforts to comply with environmental regulations have contributed to their rising expenses. Meanwhile, several government agencies are conducting research which can help improve ship repair and pollution control procedures.
Publication Name: Motor Ship
Subject: Transportation industry
ISSN: 0027-2000
Year: 1996
User Contributions:
Comment about this article or add new information about this topic:
Great Lakes yards target commercial sector
Article Abstract:
Shiprepairers in the Great Lakes region have in the past enjoyed brisk business, particularly during the winter season. However, shiprepair activity in the Great Lakes has continuously slowed down in the last few years. Repairers are beginning to explore new business strategies to cope with the situation. Some have abandoned shiprepair works in favor of new shipbuilding contracts, and others have begun to accept commercial contracts in view of the government's efforts to reduce spending.
Publication Name: Motor Ship
Subject: Transportation industry
ISSN: 0027-2000
Year: 1996
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Area growth boosts Asian yards. Export orders gain momentum. Orders keep coming
- Abstracts: Move towards conversion and shipbuilding. Mixed fortunes. Croatian shipbuilding undergoes restructuring
- Abstracts: National fleets healthy. Owners adjust to Asian crisis
- Abstracts: Funding cannot come soon enough. Investment in technology
- Abstracts: Thailand's Tipco takes Tasco II. An intelligent tanker