NWI - Naval Warfare

Damen points to continued shipbuilding opportunity despite registering loss

24th April 2019 - 10:15 GMT | by Richard Thomas in London

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As Damen Shipyards Group announced on 18 April a net loss of €17 million ($19 million) for 2018, due in part to ‘lower than usual levels of activity’ at its naval division, the company moved to put a positive outlook on future shipbuilding opportunities.

The announcement last week details a ...

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