Good news this morning on the Nobiskrug shipyard situation. GYG has received a payment of c.€2m relating to historical work (out of the €2.8m previously flagged as outstanding). This relates to the most significant of the three contracts, on which GYG was active at the time that Nobiskrug shipyard appointed administrators in April 2021. The position relating to this refit project has now been resolved, new contracts have been agreed and work will recommence on the vessel in February, with the pr ....
