Singapore marine industry turnover down 11.5% last year
Competition from Chinese and Middle Eastern shipyards pushes
down figure to S$2.76 billion
By Donald Urquhart
(SINGAPORE) 'Fierce external competition' from lower cost Chinese
and Middle Eastern shipyards pushed Singapore's marine industry
turnover down 11.5 per last year.
According to the Association of Singapore Marine Industries (ASMI)
a weaker ship repair
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