Luxury yacht shipyard bankrupt
YARDS: The Aarhusian shipyard specialised in building luxury yachts, Royal Denship, has gone bankrupt. The cause of the bankruptcy lies in cancelled orders and loss of clients. 100 employees will lose their job due to the bankruptcy.
"We have had major problems in financing, cancellations of projects and we have had clients, who retained payments for a long time", says Lars Skytte Jorgensen, CEO of Royal Denship to the daily Borsen.
The shipyard has over the years produced series of ships, of the kind one
could only dream of, including the super motor yacht with the name 258' Oeina, which measures 77 meters, is constructed of steel and glass fibre and has six decks.
The shipyard is owned by Peter Johansen, who was behind Martin Gruppen in Aarhus. No longer ago than October last year, Lars Skytte and Peter Johansen stated to daily Borsen, that they expected profits from the shipyard and had a filled order book, mostly from newly rich Russians.
But the clients disappeared just as fast as world stocks declined, and today the business is closed.
"It looked really positive in October, but when payments of large, two figured million amounts were drawn, things speed up " says Lars Skytte Jorgensen.
Source: maritimedanmark.dk
