Companies

Liquidators issue statement over collapse of UK yard

> , By 2023-06-26T11:50:00

Ocean Shipyard Ltd sign

Cash flow problems started at the beginning of 2023

The UK’s Ocean Shipyard, based in Marchwood, Southampton, started experiencing cash flow problems in January this year which resulted in it entering voluntary liquidation on June 9, 2023. The company had debts of nearly…

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