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Damen buys Dutch yard from Keppel

Dutch Damen is buying a shipyard from its Singapore-based peer Keppel. The repair yard is located in the Boetlek area of Rotterdam. The transaction comes at a time where both yards are under pressure.

Photo: Damen Shipyards

Dutch yard group Damen is acquiring a shipyard from competitor Keppel.

This concerns the yard Keppel Verolme, which is located in the Boetlek area in Rotterdam. The yard has three docks and around 250 employees, Damen writes in a statement.

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