Poland's Best-known Shipyard in Trouble

Deutsche Welle
Tuesday, June 04, 2013
Gdansk Shipyard: Photo credit Wikimedia CCL 2

The famous Gdansk shipyard is once again in trouble as Its new Ukrainian operator has run out of money to pay wages.

In its golden years, the 1980s, 17,000 people worked in Gdansk shipyard, reports Deutsche Welle.

Those times are long gone. The shipyard faced bankruptcy twice. Then a Ukrainian investor came along with plans to build modern high tech ships and a factory for wind turbines. But the investor's plans haven't worked out, and the Solidarity trade union has taken industrial action.

No more loans can be expected from private banks, says Deutche Welle, and the last hope lies in funding from the Polish government.

Source: Deutsche Welle

 

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

Shipbuilding

China Shipbuilder Rongsheng 2013 Revenue Freefall

During the year ended 31, December 2013 China Rongsheng, the largest non-state-owned shipbuilder in the PRC, reports that revenue of the Company was RmB1,343.6 million, a decrease of 83.

RS at SEA JAPAN 2014

Russian Maritime Register of Shipping (RS) was the only Russian company to take part in SEA JAPAN 2014 exhibition and conference – one of the major exhibitions of the maritime industry.

Reports: Brazilian Tycoon Batista Investigated For Financial Crimes

Brazils federal police have opened an investigation into former billionaire Eike Batista for financial crimes, including insider trading, manipulation of markets and money laundering,

Finance

China Shipbuilder Rongsheng 2013 Revenue Freefall

During the year ended 31, December 2013 China Rongsheng, the largest non-state-owned shipbuilder in the PRC, reports that revenue of the Company was RmB1,343.6 million, a decrease of 83.

InterManager Secretary Welcomes New MLC Amendment

InterManager, the international trade association for the ship management industry, says it has welcomed the adoption of new measures to protect seafarers against abandonment.

China's Japanese Ship Detention Linked to Shrine Spat

Japanese Prime Minister Shinzo Abe has sent a ritual offering to the Yasukuni Shrine, seen by critics as a symbol of Japan's past militarism, media reported on Monday,

 
 
Maritime Contracts Maritime Security Maritime Standards Port Authority Salvage Ship Electronics Ship Repair Ship Simulators Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | 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: 0.1647 sec (6 req/sec)