SINGAPORE (May 13): Sembcorp Marine (SembMarine)’s business operations have been “adversely affected” by Covid-19. The global pandemic has disrupted transportation, supply chains, plant operations, as well as brought about a reduced workforce access, all of which resulted in a lower demand for oil and energy.

This in turn, has led to low overall business volume for the group, and impacted its revenue recognition and bottom line performance, and losses will continue in the "foreseeable quarters", the group reported in its interim business update released on Wednesday.

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