German yacht-builder files for insolvency

> Subscriber-only, By Craig Ritchie2021-04-13T16:47:00

German media reports luxury yacht builder Nobiskrug shipyard is closing its doors due to lack of orders

A report published by north German broadcaster NDR notes that luxury yacht builder Nobiskrug has filed for bankruptcy, citing a difficult operating environment compounded by challenges related to the Covid-19 pandemic.

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