Davie moves to buy Texas Shipyards
Canadian shipbuilder Davie has set out to acquire shipbuilding assets in Galveston and Port Arthur from Gulf Copper & Manufacturing Corporation, a Texas-based company specialising in ship repair, construction, and marine services. The transaction for Texas Shipyards is still subject to financial, legal, and regulatory closing conditions, as well as land lease negotiations with the Galveston Wharves …
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