Rumours that Upper Lake group try to sell Davie Yard

[Les bateaux du Qu]

The recent new owner of Davie yard Qc, is now trying to sell it according to local news paper. Report said that because Davie didn't get any of the 35b$ contract of the federal government, they change there mind about the futur of the yard. 3 cecons ship are under construction and the have 2 ferry to build for the provincial gov.


More news in french
http://www.cyberpresse.ca/le-soleil/affaires/actualite-economique/201202/14/01-4495977-chantier-davie-la-relance-compromise.php


Au cours des derniers jours, la direction d'Upper Lakes aurait fait savoir

[Mac Mackay]

Very troubling, but not really surprising. Upper Lakes is no longer a big company, and is happy with its yard in Port Weller to do repairs and refits. It has already gone broke once building ships for foreign owners.
In this equation - what is  SNC Lavalin's interest? They are more noted for defense related work, but if they want to make something of this yard it will be difficult.
Where is Daewoo? They were considered to be a partner too, but it is obvious they were only interested in the military work.
As I said in a previous post, there is some good work to come if it is well organized. The Coast Guard's icebreakers, the Quebec ferries, and refits, etc.,
It is too bad that the National Shipbuilding Strategy did not go further. It should have had the rejuvenation of Canada's shipbuilding industry as its motivation, not just to ensure the survival of two yards.