VSM publishes association news
The German Shipbuilding and Ocean Industries Association VSM has published the 76th edition of its association news. In the foreword, Chief Executive Dr Reinhard Lüken strikes an alarming note. marineforum publishes the wording of his warning to politicians. Dear readers, Developments in the shipbuilding market remain highly alarming. Although significantly more ships are being ordered again due to the greatly improved revenue situation of many shipping companies, particularly in the container business, this is almost exclusively in China and Korea, the two nations that have been pouring the subsidy horns over their shipbuilders for years. Over 85% of all orders worldwide in 2021 are distributed between the two. Even Japan, which is still a...
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