KHZ cuts headcount
Keppel Hitachi Zosen Group (KHZ) has completed the purchase of Keppel Marine Industries marine related businesses for approximately S$167 million ($99.97 million), and is rationalising operations to remain competitive. Headcount has been cut across the group?s three Singapore yards, which will result in savings of about S$5 million ($3.1 million) ...
Continue this article…
Already subscribed? SIGN IN now
Register for a FREE one-month trial to continue this article
Want to read more before deciding on a subscription? It only takes a minute to sign up for a free account and you’ll get to enjoy:
- Weekly newsletters providing valuable news and information on the shipping sector
- Full access to our news archive
- Live and archived webinars, podcasts and videos
- Articles on innovations and current trends in the shipping industry
- Our extensive archive of data, research and intelligence
Get more free content sign up today
Ready to subscribe? Choose from one of our subscription packages for unlimited access!
