Port of Singapore: Shipping hit by Chinese decline
In a rough period for the shipping industry, especially China's economic slowdown is drawing heavily on the entire region, according to the analysis from Singapore's port authorities, which also believe that it is time for the industry to get focused and trim the business.
BY TENNA SCHOER
At any given time of day about 1,000 vessels call at the Port of Singapore, but in spite of this, the busy port can feel that the shipping industry is under pressure.
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