Poland's Best-known Shipyard in Trouble

June 4, 2013

Gdansk Shipyard: Photo credit Wikimedia CCL 2
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

 

Logistics News

Fincantieri inks Pact to Build Cruise Ship for Regent Seven Seas

Fincantieri inks Pact to Build Cruise Ship for Regent Seven Seas

Ocean-Based Carbon Capture for Commercial Vessels

Ocean-Based Carbon Capture for Commercial Vessels

Cattle Ship Delayed in Turkey

Cattle Ship Delayed in Turkey

Stolt-Nielsen Limited Executive Management Update

Stolt-Nielsen Limited Executive Management Update

Subscribe for Maritime Logistics Professional E‑News

Ten charts showing global trends in energy and emissions since the Paris Treaty: Maguire
As Mideast metals flow in, the share of Russian and Indian aluminium on LME stock drops.
The volatility of crypto treasury tokens is stoked by the pivot towards fringe tokens.