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S Korea to spend 11t won by 2020 to support shipbuilding

Seoul

SOUTH Korea, home to the world's three biggest shipbuilders, plans to spend about 11 trillion won (S$13.4 billion) by 2020 to help the industry amid a dearth of new orders and prolonged losses.

The government intends to order more than 250 vessels and provide about 6.5

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