Wartsila will scale down its manufacturing in Trieste, Italy, in a move that might involve about 450 job cuts, the Finnish engineering group said on Thursday.
Wartsila said it plans to centralize its 4-stroke engine manufacturing in Vaasa, Finland, while its Trieste site will focus on research and development, among other activities.
(Reuters - Reporting by Boleslaw Lasocki; editing by Jason Neely)
The U.K. on Thursday said its Royal Navy had shot down a missile fired by the Iran-backed Houthis from Yemen targeting a…
Royal Caribbean Group raised its annual profit forecast for a second time and beat expectations for first-quarter profit and revenue on Thursday…
President Joe Biden's administration unveiled plans on Wednesday to hold up to a dozen auctions of offshore wind development rights through 2028…
Danish shipowner CBED has signed a contract with Siemens Gamesa for the first offshore wind project for its new SOV Wind…
Read our new report on Fit for 55: Managing compliance and optimising operations under the EU's new regime.
Select and specify a complete provider of proven sealing solutions for cables and pipes
As the maritime industry continues to rapidly advance with increasingly stringent regulations and ever-evolving technology, staying ahead of the curve requires embracing innovative technological
Subscribe for
Maritime Reporter E-News
Maritime Reporter E-News is the maritime industry's largest circulation and most authoritative ENews Service, delivered to your Email five times per week
