Hulls drift east for European builders: cheaper labour allied to west European management and marketing input is helping to revitalise a number of Black Sea shipyards

Article Abstract:

Several western groups have invested in shipyards in the Black Sea region, where labour costs are low. These yards are now benefiting from western management and marketing backing. Construction of hulls and whole cargo vessels is now moving from west to east Europe.

Eastern Europe, Shipyards

---

Banks block shipyards

Article Abstract:

The financial instability of Bulgaria's banking system is undermining the profitability of the country's shipyards. Bulgaria is plagued with a high inflation rate and foreign debts which discourage foreign investors to do business in the country. This hinders the planned expansion of the Bulgaria's shipbuilding industry which badly needs foreign contracts to remain competitive.

Economic aspects, Bulgaria

---

China sees only growth in its shipyards

Article Abstract:

Cheap labor and technological innovations have contributed to the success of the Chinese State Shipbuilding Company (CSSC) in international shipbuilding. CSSC's integrated shipbuilding and marine equipment industries have improved the production of bulk carriers and oil tankers to a total of 1,750,000 dwt for 1995. Larger oil tankers, bulk carriers and high-performance ships are also being developed by importing 10 shuttle tanker and container ship designs. The improvements in CSSC's design technology will satisfy the requirements of foreign and domestic shipowners.

Engineering Services, Engineering for Ships & Boats, Industry Overview, Management, Marine engineering, CSSC Inc.

Similar abstracts:

• Abstracts: 10 most respected transit managers in U.S., Canada; METRO readers, advisory board nominate transit managers whose leadership help make their agency successful
• Abstracts: Consolidation continues in Top 50; consolidation in the private bus industry brought new entries into our Top 50, and lowered the average fleet size by 23 buses
• Abstracts: Programs to boost ridership help bring overall rail ridership to record level. Impressive ridership numbers call for greater investment
• Abstracts: Artistic sisters for Trasmed: two sisters from two yards have spruced up and sped up Trasmed's Balearic service

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