Cornel, Grigorut; Filip, Nistor; Catalin, Popa - In: Ovidius University Annals, Economic Sciences Series XIII (2013) 2, pp. 31-34
The shipbuilding industry plays an active part in the fleet adjustment process becoming an important factor determining the supply of sea transport. Merchant ships generally take about a year to build and delivery may take 2–3 years if the shipyards are busy. This prevents the market from...