Croatia’s top two shipbuilders eye merger

Croatia’s top two shipbuilders eye merger

Financially troubled shipbuilder Uljanik from Croatia has selected compatriot shipyard Brodosplit as its strategic partner in a bid to restructure and survive.

Tomislav Debeljak, president of the Brodosplit, told local media yesterday:”We have the will, know-how, desire, and management capacities to expand.”

Uljanik has been hit by a wave of cancellations and a drop in orders. It has struggled to pay its staff on time resulting in multiple strikes over the past year.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.

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2 Comments

  1. Pascal Warin
    February 9, 2019 at 8:19 pm

    I wonder how merging between cropped and blind could possibly enhance situation.

  2. Pascal Warin
    February 11, 2019 at 3:32 pm

    crippled