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SembMarine yard workforce down 96% on coronavirus measures

The shipyard workforce has been cut to 850 from about 20,000 due to quarantines imposed under Singapore's shutdown measures. Projects will be affected and the group expects to continue seeing losses in the foreseeable quarters

SembMarine has warned that the effects of the coronavirus backdrop as well as low oil prices on future projects’ final investment decisions will continue to adversely affect new orders

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