Oyster Yachts in Liquidation:
British luxury boat building company Oyster Yachts, established in 1973, has gone into liquidation. Based in Southampton, with a boat yard in Hoveton, Norwich and offices in Ipswich, Palma; Majorca; and Newport, USA; has announced 400 job losses. The number of job losses at each site is yet to be confirmed.
The company had made a significant splash at boot Düsseldorf 2018 in January by presenting its elegant Oyster 745 (22.74 meters) as the largest sailing yacht at the show.
“It is with sincere regret that we advise that the Company has been unable to secure financial support to enable it to continue to trade at this time and it is looking at all opportunities available,…
Full Article: Scuttlebutt Sailing News – Oyster Yachts in Liquidation, Editor