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08 December 2019 The on-line newspaper devoted to the world of transports 22:27 GMT+1



May 23, 2000

Local marine industry's output plunges 19%

Shipbuilding, offshore sectors affected by regional competition

By Ann Toh

[SINGAPORE]

Regional competition and a slow market took their toll on the Singapore marine industry last year with total industry output down by 19 per cent to $3.12 billion.

The slide was led by large declines in the shipbuilding and offshore sectors of 52 and 46 per cent respectively. ......
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Vincenzo Miele



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