Via The Montreal Gazette:
The Court appointed Bankruptcy monitor, since last August, has been weighing a bid from Zafiro Marine, a British operator of a fleet of offshore supply vessels of the
same genre as the three now sitting uncompleted in the Lévis shipyard. The three partially completed offshore oil and gas service and pipe-laying
vessels have lain dormant at Davie since Norway’s Cecon ASA placed the
original order worth almost $500 million and then ran into financial
problems.
The once vociferous Davie union says 900 workers could be recalled in
January, but the Quebec City region recently has had one of Canada’s
lowest jobless rates.
Industry sources say it will cost about $250 million to finish the
three vessels sitting in the Davie yard — they are 60 per cent complete.
Davie has two ferry orders worth $120 million for La Société des
traversiers du Québec … when the gates reopen.
Denise Verreault, CEO of Les Méchins shipbuilder-repairer Groupe
Maritime Verreault Inc., estimates almost $1.5 billion of taxpayers’
money has been spent on Davie since 1985.
