Netherlands-headquartered Damen group is pulling out of shipyard Mangalia which is located on the Romanian Black Sea coast. The decision came after a discussion between Damen Shipyards Group CEO Arnout Damen and Romania’s Prime Minister Marcel Ciolacu, local media reported. Damen took operational control of the shipyard in 2018 with high expectations for the operation which remained 51% owned by the Romanian
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Bucharest-listed Orsova Shipyard signed two contracts worth a total of 8.58 million euro with Netherlands-based Rensen-Driessen Shipbuilding for the construction and delivery of two river vessels, according to a report of the Romanian company filed with the local bourse on Tuesday (Nov 5). Under the contracts, Rensen-Driessen Shipbuilding must make an advance payment, with the remainder of the price to be paid
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