Hints and tips:
...Apart from a brief rally in 2010, the downturn in the fortunes of shipyards and shipping groups has endured for longer than many expected....
...South Korea’s shipyards must choose whether to allow a small but growing rival (China) to take control of key technology, or risk overpaying for it themselves....
...The only deal by Carlyle in the region has been last year’s acquisition of a 50 per cent stake in Turkey’s TVK Shipyard for an undisclosed sum....
...international private equity company to have set up a dedicated Middle East and North Africa fund, has been looking at deals for more than a year but has so far only acquired a 50 per cent stake in Turkey’s TVK Shipyard...
...The company’s Pascagoula and Gulfport shipyards were particularly badly hit by the 25ft storm surge that battered the Mississippi coastline....
...Alstom will invest €350m in its loss-making St Nazaire and Lorient shipyards in western France as part of a joint venture deal with Norway’s Aker Yards, which takes a 75 per cent stake....
...Sunday Express The Ministry of Defence faces an investigation into a payment of £84m made to the shipyard Swan Hunter....
...Thales, the French defence group, firmed another 3.6 per cent to €29.43 amid continued speculation of a tie-up between the company and DCF, the state-owned shipyard company....
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