Demand drop slows Singapore impetus

Article Abstract:

Singapore's shipyards have experienced a downturn in gross earnings and profits in 1994. Among the factors contributing to this situation are the intense competition among ship repair firms and the lack of VLCC stemmings in many big shipyards. The entry of government has also given some shipyards cause to complain especially if they are not the beneficiaries of subsidies. At any rate, the industry as a whole is optimistic about 1996 and many firms are ready with their investment plans for 1996.

Industry Overview, Economic aspects, Singapore, Shipyards

---

Owners favour single-source supply

Article Abstract:

Japanese shipbuilders argue that foreign ship equipment manufacturers find it difficult to enter the Japanese market because of the reluctance of many shipowners to purchase foreign-made equipment. Shipowners are averse to buying imported equipment because the cost-savings involved purchasing such equipment are negligible. Moreover, they cite concerns over accurate product specifications and uncertainties regarding supply and the availability of after-sales services.

Purchasing, Japan

---

Uncertainty challenges AESA

Article Abstract:

Top officials at AESA have expressed apprehension over the company's future which is enveloped by numerous uncertainties. Although the company represents a major share of the Spanish shipbuilding sector, AESA has been struggling with the flatness of the European market. Problems are further compounded by tonnage shortage, which has hindered the firm from acquiring major deals with ferry and ropax owners.

Market share, Spain, AESA

Similar abstracts:

• Abstracts: Experts disagree on propeller issue. Meeting challenges. United States looks to gas power
• Abstracts: Big two answer need for powerful tugs. Offshore LNG terminals - a new challenge for tugs
• Abstracts: The role of sales of new motorcycles in a recent increase in motorcycle mortality rates. Recent trends in mortality from unintentional injury in the United States
• Abstracts: Looking forward with LRIT. Piracy endangers aid. LRIT moves forward IMO
• Abstracts: Diversification plugs gap in orderbook. Forest products trades use all ship types. Freight roros are adapted to meet route demands

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.