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Maritime sector showing signs of recovery

Asia Pacific Maritime 2014 to be held in Singapore next month

The maritime sector has experienced turbulence over the past few years as a slowing global economy and overcapacity kept freight rates low, threatening the profitability of the traditional shipping business - PHOTO: SPH

[SINGAPORE] The maritime industry is showing signs of improvement, with Asia continuing to play an important role in this resurgence, sector players said ahead of a major industry conference. The Asia Pacific Maritime 2014 (APM) conference, which will be held in Singapore from March 19 to 21,