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Singapore's vital marine sector under pressure to restructure

Keppel and Sembcorp face daunting challenges amid COVID crisis

Sembcorp Marine's Jurong Shipyard in Singapore: State-investment company Temasek Holdings is the largest shareholder in both Keppel and Sembcorp.   © Reuters

SINGAPORE -- The shipyards spanning the western coast of Singapore represent the city-state's crucial marine industry, a sector that has helped turn the country into one of Asia's leading port cities.

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