France Buys Shipyard Stake

Thursday, June 12, 2008

announced plans on to buy back 9 percent of the country's biggest shipyard.
Chantiers de l'Atlantique in western , which built Queen Mary 2, was sold by French engineering firm Alstom to Norwegian shipbuilder Aker Yards in 2006. But a controlling 39 percent stake in the Norwegian company was transferred to 's STX Shipbuilding a year later, raising concerns in over the future of 3,000 shipbuilding jobs in the country.
Alstom, which had owned the shipyard since the 1970s, sold 75 percent of Chantiers de l'Atlantique to Aker Yards in January 2006, citing financial losses.
It kept 25 percent with an option to sell in 2010.

Maritime Reporter June 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Shipbuilding

New Australian Navy Submarines to be Japan Built?

Australia should discuss building its next-generation fleet of submarines overseas, the Department of Defence said on Monday, a shift that could open the door to

Russian Navy Expansion Gathers Momentum

The Russian Navy celebrates its professional holiday by putting two new submarines into service and expects a new warship in the fall and several additional ships

Horizon Delivers 4th 74’ Towboat for Canal Barge Co.

Horizon Shipbuilding, Inc., Bayou La Batre, AL, has delivered the fourth in a series of 74’ towboats to Canal Barge Company, Inc. of New Orleans, LA.    The Jane

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Naval Architecture Navigation Port Authority Salvage Ship Repair Ship Simulators Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0999 sec (10 req/sec)