SailNet Community - View Single Post - Derecktor Shipyards CT Files for Chapter 11
View Single Post
post #1 of Old 01-23-2012 Thread Starter
Senior Member
Join Date: Dec 2008
Location: Long Island Sound
Posts: 747
Thanks: 0
Thanked 1 Time in 1 Post
Rep Power: 9
Derecktor Shipyards CT Files for Chapter 11

Derecktor Shipyards Conn. LLC, based in Bridgeport, Connecticut, has announced that it is seeking protection under the Chapter 11 bankruptcy and reorganization laws.

A depressed economy, the cash drain of investment made in building out the Bridgeport facility, and a recent lack of new construction opportunities, have put a tremendous strain on the company’s finances, according a company press release issued January 21.

Derecktor Shipyards Files for Chapter 11 |

To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.

Last edited by SOUNDBOUNDER; 01-23-2012 at 11:49 AM.
SOUNDBOUNDER is offline  
Quote Share with Facebook
For the best viewing experience please update your browser to Google Chrome