Seaway Marine in Port Weller files for bankruptcy
Seaway Marine & Industrial in Port Weller has filed for bankruptcy. A handful of people will be out of work almost immediately as a result. The shipbuilding company has been quiet for some time with more than one hundred workers having been handed layoff notices prior to the bankruptcy filing. Those layoffs will now be permenant, 610 CKTB reported.
St. Catharines MP Rick Dykstra tells CKTB News that he's still gathering information and trying to determine the reasons why Seaway Marine took this step.
Dykstra believes there needs to be something along the Canal that can assist the Great Lakes ships should they happen to need repairs, adding it's time to bring the industry together to discuss this issues and others affecting the shipbuilding industry.
The last contract awarded to Seaway Marine was in October of last year. It refurbished and refitted the CCGS Amundsen, a Canadian icebreaker used as a research vessel for a 2003 mission in the Arctic. The ship is also featured on the back of the $50 bill.
The contract wrapped up within six months.
Calls from the CKTB newsroom to both Seaway Marine and Ernst & Young, the company handling the bankruptcy, have not been returned.
