SuperyachtNews.com - Business - Christensen coy about restructuring process

By SuperyachtNews

Christensen coy about restructuring process

Christensen shipyard is undergoing an ownership restructuring programme, although the yard has, as yet, remained tight-lipped about the precise nature of the changes.…

Vancouver’s Christensen shipyard is to reorganise its ownership structure to comprise a form of “multipart ownership”, although the precise model has not be confirmed.

According to a report in The Columbian, the residual impact of this reshuffle on the Christensen workforce is not yet clear but Columbia River Economic Development Council president, Mike Bomar said any elaboration would be delayed for the time being.

SuperyachtNews.com contacted Christensen’s CEO, Joe Foggia directly to discuss the practical implications of the restructuring process. In response, Foggia said “all is moving forward”, but that there was “no other news to provide at this time.”

The yard currently has eight projects underway, according to data provided by the Superyacht Intelligence Agency with four orders – Chasseur, Project 2ges, Project Buzz, Silverlining – due for delivery in 2015 and the other four stretching up to 2017.


D'Natalin IV was the most recent Christensen launch, in April 2014.


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Christensen Shipyards Ltd

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Christensen coy about restructuring process

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