Wed 28 May, 2008
| Posted in: AP Moller-Maersk’s Odense-Lindø Shipyard in Denmark is facing fresh redundancies as the yard continues to operate at a massive loss and feels the pressure of Asian competition and the weakening US dollar.
Board chairman Lars-Erik Brenøe yesterday admitted that more jobs could be slashed as the struggling yard battles to reverse its “extremely difficult financial position”.
Mr Brenøe said: “It might not be possible to avoid lay-offs.
“This is the background for presenting a plan for an...