STX shuts down large Finnish yard with 750 employees

STX Finland is now closing its shipyard in the city of Rauma, which employs 750 people. The yard will run out of orders by 2014. The drastic restructuring moves the production to the group's yard in Turku.

BY OLE ANDERSEN

STX will close its shipyard in Rauma, which employs more than 750 people, by June 2014. Following this, the company will move the production to STX's yard in Turku, says the company in a press release.

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STX shuts down large Finnish yard with 750 employees

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Front page now

Jan Rindbo warns against tunnel vision: "The honest answer is that none of us know what we'll be sailing on"

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Hapag-Lloyd rolls out Starlink internet to entire fleet

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Habben Jansen calls on energy majors to do more for the green transition

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Dubai challenges Singapore as shipping's favorite city

A simple reason could explain low dry bulk rates despite good demand

John Fredriksen has increased his wealth by NOK 81bn this year

Hapag-Lloyd were in talks to acquire state-owned port company

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