PHOTO: Facebook/Mondomarine

Mondomarine Lays Off Staff, Faces Further Challenges

Following temporary layoffs last month affecting 100 craftspeople, Mondomarine reached agreement with the workers’ unions late last week to pay some wages. The figure is less than what the unions sought, and more than what the shipyard offered. The financial challenges for Mondomarine, however, continue. The unions news comes via reports by La Stampa newspaper Continue reading

Christensen Shipyards Exiting Receivership

By summertime, the company formerly running Christensen Shipyards should emerge from receivership, after nearly two years. This follows a judge’s decision last week to allow distribution of about $6 million to companies and individuals with claims. To be clear, the receivership affects Christensen Shipyards Ltd., which ran the Washington State builder from 1983 to March Continue reading