But the firm said the shipbuilder would no longer be sold as a going concern as potential bidders had been deterred by the prospect of taking on liabilities through any acquisition.
Shipyards at Tyneside and Birkenhead will be ‘closed but kept in good repair’, joining the Teeside shipyard which was mothballed earlier this year, a spokesperson told AccountancyAge.com
All three shipyards will retain a skeleton staff to carry out essential maintenance work.
The decision to close down the remaining shipyards comes as current contracts run to an end. Since going into receivership in April, Cammell Laird has cut its staff in the UK from 2,220 to just 695.
Trouble for the shipbuilder began when a number of cancelled shipbuilding orders sank the company, forcing it to call in receivers.
Links
Blue cross day for troubled Cammell Laird shipyards
Cammell Laird talks float on, says PwC
Shipbuilder Cammell calls in receivers
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