Cover Story – Marine Cargo & Hull: Make headway:Asia’s growing economy promotes maritime industry
Source: Asia Insurance Review | Jul 2011
The maritime industry is a future-oriented sector with a high growth and employment potential. Given the growing world population, rising prosperity – in particular in emerging economies like China and India – and the globalisation of the world economy, a further expansion of traffic volumes is to be expected. Efficient merchant fleets, well-developed ports and modern shipbuilding industries are vital, especially for nations with a high level of exports. Mr Christian Diedrich from ERGO looks into the future of the marine market and its related businesses.
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