In December, the last Dutch propeller manufacturer Van Voorden was declared bankrupt after having been in operation for 110 years. In February, UTB Industry took over all the company’s assets, including the casting furnaces and moulds for the production of ship...
Without much publicity, the Van Voorden foundry was declared bankrupt in December. It was the only propeller manufacturer in the Netherlands. The recently published report of the trustee identifies the downturn in Dutch shipbuilding as well as losing orders to...
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