France: The management of STX Europe's St Nazaire yard is continuing to hope that they might yet avoid laying off employees during the final four months of the year.
Last week, STX France told its 2,500 employees that about 1,500 jobs could go between September and December due to the lack of new orders.
In other news, STX Europe has sold its 30 percent ownership in Wadan Yards to Luxembourg-based Mandataria Finance.
STX Europe no longer holds shares in Wadan Yards.
