Advertisement

COMPANY PURCHASE: MJM Marine to Buy Company In Administration

It is believed that joinery and fit-out firm MJM Marine is in discussions to buy Essex-based Pedley Furniture International, which went into administration earlier this year. MJM has already been operating Pedley’s factory under licence and would give the company a bigger presence in the hotel sector. MJM, which specialises in fitting out cruise ships, has already more than doubled its turnover in the last year, up from £12m in 2009 to £25m in 2010. It also recently won a contract to work on two Stena ferries which will sail the Belfast-Cairnryan route.

Ships Montly - January 2024

Canadian Coast Guard Multi-Purpose Vessel

Steerprop has been chosen to provide a comprehensive Polar Class 4 (PC 4) propulsion package for the Canadian Coast Guard's Multi-Purpose Vessels (MPVs) renewal...
Advertisement

Related articles

Canadian Coast Guard Multi-Purpose Vessel

Steerprop has been chosen to provide a comprehensive Polar Class 4 (PC 4) propulsion package for the Canadian...

New freight ship begins service on Stena Line’s Dublin-Liverpool route

Swedish ferry company, Stena Line introduced a larger RoRo ship, Bore Song, on the Dublin-Liverpool (Birkenhead) route last...

Red Sea disruption pushing up container values and rates

Container values have risen significantly across almost all sectors and age categories since the start of the year. Following...

Maersk’s second large ‘methanol-enabled’ vessel named Astrid Mærsk

In a ceremony in  Japan on 4 April, Maersk’s second large methanol-enabled container vessel was formally named Astrid...