Fosen Yard Emden GmbH finally closed its doors at the beginning of September. The insolvency
administrator was unable to find a buyer for the company, which belongs to the Norwegian Fosen Group. The
shipyard had to file for insolvency in June of this year after announced orders for several small ships failed to
materialise. On 1 September, insolvency proceedings were opened at the Aurich District Court. This means that the
96 employees of the shipyard must now look for a new job.