Short-term loan steadies troubled FSG

2020-05-20T09:35:00

Liekut was FSG’s last delivery in March. Yard now hopes to resume work in early Summer.

A short-term loan of €5 million is helping insolvent German shipyard Flensburger Schiffbau-Gesellschaft  (FSG) to prepare for a resumption of suspended shipbuilding activity this summer, writes Tom Todd.

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