Successful sector strikes out

Article Abstract:

The Italian fleet has declined sharply over the years, from the 11,694,872 gt seen in 1980 to the present 8,184,348 gt. The Confederazione Italiana Armatori (Confitarma), the organization which represents Italian shipowners, attributes this decline to the country's failure to establish an international register. They also blame high management costs and the absence of tax incentives for the industry. Italian shipping lines are joining with the country's shipbuilders to find a solution to their mutual problems.

Deep sea foreign trans. of freight, Deep Sea Foreign Transport, Deep Sea Freight Transportation, Coastal and Great Lakes Freight Transportation, Deep sea domestic trans. of freight, Deep Sea Domestic Transportation, Italy, Shipping industry, Marine transportation

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Designing for cost

Article Abstract:

Increased financial pressure during warship procurement from government agencies and defence departments to ensure reduction in cost does not mean a reduction in capability. BEW Systems Naval Ships suggest that engineers should be involved at the earliest stages and must be kept informed about the financial implications of decisions to keep them cost consciousness throughout the designing process.

United Kingdom, Financial Systems & Controls, Financial Management, Financial crises

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Climbing the technological ladder

Article Abstract:

The various measures taken to boost technological development in Singapore's marine industry, to escalate its competitive stand are highlighted. Two major and several average-sized shipyards have improved their technological expertise, know-how, and facilities to capture key contracts.

Singapore, Technology application, Shipbuilding, SembCorp Marine, Keppel Marine Industries Ltd.

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