michael: That's the concern of Ports Australia CEO Michael Gallacher, according to Nine News Australia. A few generations ago we had over a hundred vessels sadly now we've got less than a dozen, he told 9News. To improve your experience update it here News National An island without boats Australia's looming shipping problem By 9News Staff7 02pm Jan 24, may be surrounded by water, but when it comes to imports and exports we are at the mercy of foreign fleets. We very much are restricted to a lot of the ships coming out of Asia, particularly Chinese based. AAP While China owns more than 5000 vessels, Greece 4199, Japan 3901 and Germany 3090, Australia has just 47 bulk carriers. The absence of Australian-owned cargo ships is troubling the Labor Party.
(news.financializer.com). As
reported in the news.
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