Prospective buyers have submitted bids for German shipyards Flensburger Schiffbau-Gesellschaft (FSG) and Nobiskrug, which entered receivership last month.
The yards need a firm commitment from investors before insolvency proceedings begin on 1 February if their future is to be secured.
But their provisional insolvency administrators think it is “unrealistic” for shipbuilding activities to resume in full next month at the facilities in Flensburg and Rendsburg, northern Germany.
