Brussels, 15/11/2000 (Agence Europe) - Dumping by Korean shipyards continues to threaten recovery in the shipbuilding sector in Europe and worldwide. This is the main conclusion reached by the European Commission in its third report on shipbuilding in the world, adopted on Wednesday.
Despite the rise in orders for new ships - which doubled between 1999 and 2000, a sign of recovery after the economic crisis of 1997 - the price of new vessels "still remains around 13% below their 1997 levels...