China’s Yangzhou Guoyu Shipyard, a subsidiary shipyard of Wuhan Guoyu Group, is caught in a salary dispute with its employees due to the yard’s financial difficulties.
The shipyard is said to owe about RMB30m ($4.56m) in salary payments to a total of over 1,000 workers, who are now seeking help from local authorities. The workers already staged a protest at the end of 2015, however the shipyard is still unable to pay them.
The local labor supervision department has ordered the shipyard to find a solution as soon as possible. The shipyard said it is suffering from debt issues and is now waiting for its parent company to make the salary payments, although a date of when this might happen hasn’t been given.
When contacted by Splash, an official at Wuhan Guoyu Group declined to comment.
In November 2015, Singapore’s Pioneer Marine cancelled orders for three bulkers at the yard while delaying another five.