Japanese owners in operating costs crisis

Mike Grinter, Hong Kong - Thursday 15 May 2008

Japanese owners risk sinking under rapidly increasing operating costs.

JAPANESE shipowners are hurting. Hurting so much that traditional shipping structures in the country, held up for generations, may eventually breakdown.

At a ship finance conference held at the nucleus of the Japanese shipowning community on the island of Shikoku today, the core of the dilemma was rudely unveiled when Shikoku shipowner Sentoku S...

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