Amels in trouble?
According to a Dutch newspaper, Amels is in financial trouble. The yard suffered a net loss of 11,45 mln euro from 2001 - 2003. Large overhead costs could be the reason (the article mentions a large number of managers). They sure had enough projects during these years! It seems Damen shipyards wants to sell Amels and Rein Amels, from the yard family, could become a partly owner. Fot those who can read Dutch here is the link: http://www.leeuwardercourant.n....html