Sale of Finland's STX Shipyards Offers Opportunities
The Finland PM is hopeful that a strong new owner can turn around the prospects of the cash-strapped Finnish shipyards. This past week, the South Korean parent company STX announced it plans to sell off the Rauma and Turku shipyards as well as its half-share in the Helsinki shipyard, reports yle UUTISET Finland, while Prime Minister Jyrki Katainen considers that the looming sale of the STX shipyards in Finland represents a major opportunity. Meanwhile the aid package granted to the Turku shipyard for the construction of two cruise liners for the German company TUI will go ahead, according to yle UUTISET Finland, citing Minister of Economic Affairs Jan Vapaavuori who informs that construction will be completed as planned, despite STX's plan to sell the shipyard.
Finland to Develop LNG Import Terminal
On a visit to Qatar, Finland's PM conferred with government officials about the future import of LNG to serve neighbouring countries. According to the 'Gulf Times' Finnish company Gasum plans to build an LNG terminal that will serve as a distribution hub to other European countries and for that reason, as well as others of common interest, the Finnish Prime Minister Jyrki Katainen visited Doha to discuss the proposal with the Qatari side. Katainen described his meeting with HE the Prime Minister and Foreign Minister Sheikh Hamad bin Jassim bin Jabor al-Thani as fruitful. He noted that the talks focused on developments in the Arab region particularly in Syria. They also discussed developments in Iran and other countries in the region.
