Another US Shipyard on foreign hands

ST Engineering has purchased a chunk of Wold Marine to add to it’s already acquired VT Halter Marine: http://splash247.com/world-marine-sells-chunk-of-assets-to-st-engineering-for-25m/

The good news is that it wasn’t bought by Chouest — with more government handouts. Chouest is already too close to being a monopoly.

1 Like