Changes to shiprepair market as India and China ramp up

摘要

As Singapore prepares to announce its 2009 report on the state of its marine business later this month, the island state maintains its optimism having enjoyed slight growth in the shiprepair and conversion sector where it boasts the world's number one spot for FPSO/FSO vessels. However, commitment to the building of graving docks and increasing repair activities could result in China becoming the world's number one shiprepair hub.