Shpbuilding was for a long time this harbour town's major industry, but as elsewhere in Europe, this suffered a downtown from the 1970s. However, having previously concentrated on both naval and cargo ship construction, Chantiers de l'Atlantique has completed a successful reconversion to cruise ship building and is now one of the world leaders in this sector. The Cunard Line's new flagship, RMS Queen Mary 2, was built in Saint-Nazaire.
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