Nor-Shipping 2009 was the largest in the event’s history, dating back to 1967. 1105 exhibitors from 52 countries participated. By comparison, Nor-Shipping 2007, which took place in the midst of a market boom, had 830 exhibitors from 42 countries…
Though it has sustained economic growth for the past ten years, China’s shipbuilding industry suffered in 2008. The nation contracted 48.3% fewer ships in the first half of the year as compared to 2007. Carrying capacity was down by about 45%…
Congressman Elijah E. Cummings (D-Md.), Chairman of the House Subcommittee on Coast Guard and Maritime Transportation, joined his colleagues in a vote of 389-22 to approve the National Defense Authorization Act, H.R. 2647, which included a Cummings…