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Europe Daily Bulletin No. 8339

14 November 2002
Contents Publication in full By article 14 / 34
GENERAL NEWS / (eu) eu/shipbuilding
Second Empire situation, mainly in Europe, notes Commission

Brussels, 13/11/2002 (Agence Europe) - As the general and substantial fall in orders for new vessels shows during the first six months of the year, serious difficulties in world shipbuilding are increasing, the Commission notes in its sixth report on the situation of the world shipbuilding market, adopted on 13 November. It thus notes that, due to past over-supply, slowing economies around the world and the effects of 11 September, orders have fallen significantly, shipyards are running out...

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