10-Year Low in Shipyard Exports And Declining Orders Lead Japan to the WTO — Panjiva
Más

Panjiva_research_logo

10-Year Low in Shipyard Exports And Declining Orders Lead Japan to the WTO

China 1758 Japan 381 South Korea 383 Theme - Shipbuilding 79

The Japanese government has launched a WTO complaint regarding South Korea’s support for its shipbuilding industry. It has cited $11.2 billion of financial support provided among other forms of intervention, though securing restitution could take more than a year. The timing is not a surprise given exports of completed vessels from China, Japan and South Korea fell 31.5% on a year earlier in October. That meant the 12-month total value of exports fell to $53.4 billion, or the lowest since at least 2008. There’s little sign of improvement with Chinese shipyards’ orders h...

PANJIVA RESEARCH is a service provided by Panjiva, Inc. ("Panjiva") to relevant global subscribers, and are deemed to be Panjiva "Services" subject to the Panjiva Terms & Conditions of Use. Information contained within or made available via the Services is for informational purposes only and nothing in the Services shall constitute or be construed as an offering of financial instruments, or as investment advice or recommendations by Panjiva, Inc. or its affiliates of an investment strategy or whether to "buy", "sell" or "hold" an investment. The Services may include views and commentary about customers of Panjiva. No aspect of the Services is based on consideration of your individual circumstances, and you should determine on your own whether you agree with the information contained within or made available via the Services. Employees involved in Panjiva Research may hold positions in securities analyzed or discussed in the Services. Panjiva does not make any express or implied warranties, representations, endorsements or conditions with respect to the Services and the information contained within or made available via the Services, including without limitation, warranties as to the usefulness, completeness, accuracy, currentness, reliability or sufficiency of any information (including, without limitation, conclusions, statements, opinions, estimates, forecasts or projections of any kind) and expressly disclaims any implied warranties. Neither this disclaimer nor any of its contents may be forwarded or redistributed without the prior written consent of Panjiva. © 2019 Panjiva, Inc. All Rights Reserved.