Independent journal on economy and transport policy
19:28 GMT+2
S'pore shipyards axe 451 in restructuring exercise
(Shipping Times)
December 1, 1999
Intense competition from overseas forces yards to consolidate to stay lean
By Ann Toh
[SINGAPORE]
Singapore shipyards, reeling from intense competition, yesterday axed 451 employees in one of the local shipbuilding industry's biggest retrenchment exercises.
The merged Sembcorp Marine led the pack, retrenching 249 employees from Jurong Shipyard and 70 from ...... Read more on Shipping Times
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher