Tragic Fire Incident at ASL Marine’s Indonesian Shipyard
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ASL Marine Holdings Ltd. reported a tragic fire incident at its Indonesian shipyard, resulting in thirteen fatalities and eighteen injuries. The fire occurred on a tanker under repair, leading to a suspension of work and an investigation in collaboration with authorities. The company is reviewing its safety management procedures to prevent future incidents. ASL Marine specializes in shipbuilding and repair services in Southeast Asia, with a current market cap of S$216.1M.
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