Is Latin America’s naval market riding a wave?
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The Latin American market for offshore patrol vessels will be potentially very lucrative over the coming years, but what are the challenges in penetrating this market and exploiting the opportunities available in the region?
Dave McMillan, President at STX Canada Marine Inc., a consulting naval architecture and marine engineering company, insists that while this is an emerging market issues such as budget restrictions are still barriers to entry.
"Many other Latin American countries are co...
