In pictures: Greek shipyard in decline - Al Jazeera English

In pictures: Greek shipyard in decline

The collapse of Greece's ship repair and shipbuilding industry has left four in ten jobless in one municipality.

John Psaropoulos |

In Perama, half an hour's drive from the centre of Athens, Greece's capital, the ship repair and shipbuilding industry has fallen upon hard times. Shipbuilding is a major industry in Greece: by tonnage, Greeks own 16 per cent of the world's merchant fleet, more than any other country.

Now, unemployment rates run as high as 40 per cent in Perama, and in the ship repair and shipbuilding industry more than 90 per cent are jobless.

Al Jazeera's John Psaropoulos takes a look at this phenomenon in pictures.

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