“Cost Explosion” on Repair of German Training Ship Gorch Foch

In November 2015, the German Navy training ship, Gorch Fock, went into a shipyard for hull repairs. The cost of repairs and refurbishment to the three-masted barque, built in 1958, was budgeted at 9.6 million euros. Repairs were expected to take 17 weeks. Now, over … Continue reading