Soviet merchant fleet ‘ageing’
NZPA-Reuter Moscow The Soviet Union is losing commerical opportunities because its merchant fleet is ageing faster than it can be replenished, said the Government daily newspaper “Izvestia.”
The average age of Soviet merchant ships had risen to nearly 15 years from 7.7 years in 1970 and more than half of all ships were 15 years old or older, it said.
“This has sharply reduced our possibilities on the world market for transport services,” “Izvestia” said.
It said a number of countries were refusing to take old Soviet ships into their ports because they posed a threat to the environment and emergencies linked with poor ship repair were increasing.
Replacement could hardly keep pace with the rate at which ships over 20 years old were being written off, “Izvestia” said, calling for a more intensive use of existing ships while new ones were built.
The Association of Soviet Shipowners reported that the Soviet share of world freight deliveries was falling.
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Press, 28 July 1987, Page 6
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163Soviet merchant fleet ‘ageing’ Press, 28 July 1987, Page 6
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