Brussels, 02/05/2001 (Agence Europe) - On Wednesday, the European Commission adopted its fourth report on the situation of ship building in the world, but postponed until next week its decisions on opening of procedure in WTO against unfair practices by South Korean shipyards and re-establishment of specific aids to European ship yards.
The analysis of the report clearly shows that the Koreans have sold their ships below the production costs, with a margin varying from 6 to 40%, stated Per...