United Kingdom
Location of affected unit(s)
Manufacture For Transport Equipment
Manufacture Of Other Transport Equipment
30.12 - Building of pleasure and sporting boats

0 jobs
Number of planned job losses
Job loss
Announcement Date
6 February 2018
Employment effect (start)
Foreseen end date


Oyster Yachts, based in Southampton is reported to have gone into liquidation which will result in at least 170 job losses. According to the BCC 160 staff based in Southampton and 10 based in Ipswich are facing redundancy. Reports suggest the job losses could be as high as 400, though some of these may come from offices in Majorca or the USA. A statement from the luxury boatmaker confirmed that it had been unable to secure the funds to continue trading and it is looking at all options.

UPDATE 21/03/2018: The proposed job losses at Oyster yachts have been cancelled, following the sale of the business to Richard Hadida Yachting Company. 


  • 6 February 2018: BBC Website
  • 7 February 2018: Southern Daily Echo
  • 21 March 2018: BBC Website


Eurofound (2018), Oyster Yachts, Closure in United Kingdom, factsheet number 93272, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/93272.