In the light of the foregoing, there is evidence that the subsidies have continued to cause adverse effects to Community industry within the meaning of Article 5 of the ASCM.

　

The situation of the Community industry slightly improved in the current investigation period compared to the previous year, but is still unfavourable. In addition, when oonsidering the development during the period from 1997 to the new investigation period, it can be seen that the situation of the Community industry significantly deteriorated. Therefore the slight improvement experienced by the Community industry during the current investigation period is not such that it can alter the conclusions of the previous report. On this basis it is confirmed that the Community industry suffered adverse effects within the meaning of Article 5 of the ASCM and Article 2(3) and Article 2(4) of the TBR.

　

On a sector basis, it is confirmed that the Community industry suffered material injury and serious prejudice in the following sectors: container ships., product and chemical tankers. As regards developments in 2000 and 2001 in the LNG sector, further examination is necessary to determine whether a consistent trend emerges over the long term. The Commission will continue to monitor the market, particularly as regards the sectors of container ships, product and chemical tankers and LNG.