A fifth tender has been launched to try to sell the bankrupt Polish fabricator ST3 Offshore.
The reserve price of the insolvent company is PLN164,276,000 (€35m), the same as the previous attempt to sell ST3 Offshore a year ago.
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Submission of a written and unconditional bid drawn up in the Polish language by 2pm local time on 19 July is necessary in order to participate in the tender, the company said.
The company’s yard at Szczecin near the German border covers an area of 220,000 square metres and includes a 100,000 square metre fabrication hall and riverfront quay for loading out components.
ST3 first went up for sale in February 2021 with the local court officially declaring the company bankrupt at the end of March that year.