Tuesday, August 11, 2009

Maersk to close Container Ship Construction Yard

Death knell for Lindoe shipyard as firm focuses on profits
Shipping News Feature

COPENHAGEN, DENMARK – A P Moeller-Maersk A/S, owners of the worlds largest shipping line, are to close their loss making shipyard at Lindoe in 2012.

With global cutbacks on new shipbuilding and the existing trade moving to Asia the company sees no future for the 90 year old facility. Redundancies will start immediately and the group will run down the 2700 strong staff progressively.

Lindoe is on Denmark’s cultural heritage list and joins six other great Danish yards, all of which have closed in a twenty year downturn. As the country’s last steel building site the effect will cause concern and mixed emotions throughout the industry locally.

Maersk are reportedly also placing their Baltija yard in Lithuania up for sale.