Holterman Shipyard has filed for bankruptcy
Holterman Shipyard, a renowned and versatile player in the marine industry, has filed for bankruptcy. The yard had fourteen people employed, all of whom are now facing an uncertain future.
With a rich heritage spanning decades, this esteemed shipyard had carved a distinct niche for itself across multiple categories, including brokerage, architecture, shipyard services, sales brokering, purchasing brokering, auctions, and exterior design. However, an increase in aluminum pricing combined with a halt in incoming yacht orders has led the shipyard to file for bankruptcy. Currently, the possibility of an acquisition is being investigated since the bankruptcy is still fresh. According to curator Rienk de Vries: "There does seem to be interest".
Holterman Shipyard, founded in 1964 in Meppel, has seen a significant increase in the size of the yachts it builds. In 2010, the shipyard was known for producing yachts with an average length of around 16 meters. By 2020, this average had grown to 33 meters.
Before this summer, Holterman Shipyard received one of their biggest assignments. Namely, the shipyard was ordered to conduct maintenance on 42 meter iconic sailing yacht from the J Class HANUMAN, including a new deck. This project even required a renovation of the warehouse. The fact that Holterman Shipyard was entrusted with this refit project speaks volumes about the capacities of the shipyard.
Specifically, Holterman Shipyard was renowned for their brokerage services, visionary designs, state-of-the-art facilities and skilled workforce, sales- and purchase brokerage services, and auction services. Moreover, exemplifying the epitome of maritime artistry, Holterman Shipyard has created a legacy in the Dutch-built yacht industry that will not easily be forgotten.
