Bankrupt Chinese private shipyard Zhejiang Ouhua Shipbuilding has released a public notice looking for new investors to restructure the yard.
The administrator of Ouhua has asked potential investors to submit applications before a deadline of November 30.
According to the notice, Ouhua Shipbuilding owns one 80,000dwt dock and one 30,000 dwt dock and charters one 100,000 dwt dock, and has a shipbuilding capacity of 1m dwt at peak times.
In July, Zhoushan Intermediate People’s Court ruled to liquidate Ouhua Shipbuilding after the shipyard applied for bankruptcy protection in May.
