Privatisation gets underway in Romania

Article Abstract:

The Romanian government intensifies its major modernization program with the privatization of the country's top ship yards, including Rousse, Varna and Bourgas. Government officials expressed optimism that the move would allow operators to improve their production capacity, while meeting the orders of international clients. Low labor costs has made the Romanian shipbuilding sector one of the most promising markets in Europe.

Regulation and Administration of Transportation Programs, Water Transportation Programs, Economic policy, Romania

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Shock, rock & three struggling pillars

Article Abstract:

Issues are presented concerning the slow recovery of the shipbuilding industry in Russia. The orders being received for commercial vessels, and the age and single-hull construction of many ships of the Russian fleet are discussed.

Russia

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Consolidation on the cards in Japan

Article Abstract:

Issues are presented concerning the decline in the volume of work won by the Japanese shipbuilding and repair industries. The consolidation of these industries due to increased competition from China and Korea is discussed.

Japan

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