Marine Link
Thursday, December 12, 2024

ThyssenKrupp Sells Shipyards to SIAG Schaaf

Maritime Activity Reports, Inc.

September 29, 2009

According to a Sept 29 report from Reuters, ThyssenKrupp AG (TKAG.DE) is selling part of its civil shipyards as the economic downturn hits shipbuilders around the world.

German trade union IG Metall said late on Monday ThyssenKrupp is selling the Emden shipyards on the North Sea coast to SIAG Schaaf Industrie AG.

(Source: Reuters)

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