
The shipbuilding sector is characterized by
An important merger operation that sees the company
of shipbuilding and repair Baleana Ltd., which has a shipyard
Gibraltar (Gibdock) and another at Padstow, Cornwall,
acquire APCL Group, a company that operates shipyards in
Tyneside (A&P Tyne), Birkenhead (Cammell Laird) and Falmouth (A&P
Falmouth and Falmouth Docks and Engineering Co.).
With the acquisition of APCL, Baleana now has a total of
of 12 dry docks and over two thousand employees.