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Food for Thought
Sea-Asia 2009 kicks off in Singapore this week and Marine Money Asia had the pleasure to participate in the series of conferences to hear from industry leaders on where they think the markets may be heading. We present some notes from the event.
Li Zhen, Assistant President of Sinotrans Group is in the opinion that it will be difficult for many private shipyards particularly in Jiangsu, Zhejiang and Fujian provinces to secure special support from the central government. State-owned shipyards are the main beneficiaries from the government’s assistance programme.
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Tags: · American President Lines, APL, China Iron & Steel Association, Eng Aik Meng, Grand Alliance, Hapag-Lloyd, HSBC, Kenneth Koo, Klaus Nyborg, Li Zhen, Pacific Basin, Randy Chen, Sea-Asia, Sinotrans, Tai Chong Cheang Steamship, TCC Steamship, Wan Hai Lines
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