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Efficiency more important than ever, says WSS Japan

May 31 - With shipowners and vessel operators facing a combination of increased regulation and pressure on budgets, the cost of products and services is more crucial than ever, according to Yoshihiro Iizuka, general manager of Wilhelmsen Ships Services (W

Speaking at the Bari-Ship Japan maritime conference and exhibition in Imabari, Iizuka stated: "The Japanese shipping market remains difficult and this is expected to continue for the next year, despite the successful measures taken by the government to stimulate growth.
 
"With increasing competition on labour from China and Korea, Japan is at risk of losing business, with the smaller shipyards and owners suffering the most," Iizuka explains.
 
Looking the future of the Japanese market, Iizuka said: "The big question is how factors such as currency development linked with economic growth and tax reduction will affect seaborne traffic. Add trade barriers and lower regulatory hurdles to that picture and we have a quite complex market landscape.
 
"However, with the efforts made in Japan, we will succeed in pushing up the long-term growth rate, leading to a recovery of the Japanese marine market. Whatever happens over the next 12 months, the movement of physical goods out of and into Japan will increase slowly, but steadily," Iizuka concluded.
 

www.wilhelmsen.com

Heavy Lift | News

Rotterdam moves ahead with rail link thumbnail image

Rotterdam moves ahead with rail link

June 2 - A steel arch bridge has been installed across the Thomassentunnel and the A15 and N15 motorways in the Netherlands, forming a key link in the port of Rotterdam’s proposed Theemswegtracé railway line.
Views: 194
Seville progresses with port projects thumbnail image

Seville progresses with port projects

June 2 - The Port Authority of Seville (APS) has relaunched five public tenders for port enhancement projects, including the expansion of the Muelle de Armamento (Armament Pier).
Views: 171
Omega Morgan expands footprint thumbnail image

Omega Morgan expands footprint

June 1 - Omega Morgan has expanded its industrial warehouse and storage capabilities at the ports of Tacoma and Portland, USA.
Views: 346

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