Shipbuilding Firm Cuts 65 Jobs

June 26, 2009

According to a June 26 report from the Brisbane Times, 65 jobs have been cut at submarine and shipbuilding company ASC in Adelaide in Australia. ASC is owned by the federal government, which recently stopped seeking a buyer for the company, citing the economic slowdown.

(Source: Brisbane Times)

Related News

Baltic Index Hovers Near Three-month High Britain's New Shipping Sanctions Take Aim at Russian LNG Sector Drug Gang Used Commercial Ships & Chinese Money Brokers, Italian Police Says Vattenfall and BASF Pick Havfram for Nordlicht Offshore Wind Cluster Job North Pole of Inaccessibility Reached by Cruise Ship