Wellard has announced the sale of the Ocean Outback to an Israeli livestock company. Wellard is feeling the pinch of high cattle prices and soft demand in Indonesia. The EOFY figures will be interesting ....hopefully they won't be able to struggle along for too much longer!!!
Interesting that an Israeli company would buy the boat, with its somewhat dubious mechanical history, at a time when anti-export sentiment in Israel is running at an all time high. Perhaps it will be the downfall of more than one export company.....!
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