Fayard: Fierce price war among shipyards
The workload for the offshore industry has been exaggerated, says Fayards’s CEO Thomas Andersen. “There is a price war going on,” he says.
BY OLE ANDERSEN
Shipyards in the Baltic Sea region and Northern Europe are locked in a fierce battle for orders within offshore and ship repairs, says CEO and owner of Fayard on the former Lindø yard, Thomas Andersen. He calls it a real price war brought on by an abundance in shipyard capacity.
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