COPENHAGEN, Denmark — A.P. Moller-Maersk is stopping ship production at its Odense Steel Shipyard in Denmark, according to a report from Reuters.
Officials said that in spite of recent advances to technology and production processes, the Danish group was unable to secure “commercially sound” orders to keep business afloat. The yard’s closing is said to end a 900-year tradition of big ship building in Denmark.
Moller-Maersk has also put its Baltija Shipyard in Lithuania up for sale, with officials citing the closing of the Odense shipyard as the reason behind the move.
The company plans to sell the industrial, design and engineering facilities associated with both shipyards, according to published reports.
Officials say they intended to downsize the yards current workforce until the final new vessel on order is delivered in February 2012. The yard currently employs 2,700 workers.