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Major UK maritime security firm sinks

31st July 2014 - 14:29 GMT | by Philip Rood in Portsmouth

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A major UK maritime security firm that protects ships from pirates has ceased trading, leaving dozens of its staff stranded around the globe.

Hampshire-based Gulf of Aden Group Transits (GoAGT) went bust earlier this week after a meeting between management and its creditors.

The company, which provides security personnel to locations around the world, employs about 230 ex-military personnel. It has been reported that the company allegedly owes millions of pounds in unpaid salaries.

Staff had recently been deployed to locations including the Red Sea, the Indian Ocean and South Africa, and they were left having to find their own

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Author

Philip Rood

Philip has spent much of his career in the maritime sector as a journalist and …

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