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Singapore yards prepared to compete with state-backed rivals

Shipbuilders in Singapore note severe pressure from competitors backed by state support schemes and billions of dollars in subsidies. ShippingWatch has asked how two of the biggest yards handle the competition scenario.

Skibsværftet Daewoo i Sydkorea. Foto: Ritzau/AP/Kim Dong-min Photo: /ritzau/AP/Kim Dong-min
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