Major UK maritime security firm sinks
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
Already have an account? Log in
Want to keep reading this article?
More from Naval Warfare
-
![Advances in USV technology help develop tomorrow’s hybrid fleet]()
Advances in USV technology help develop tomorrow’s hybrid fleet
As services like the Royal Navy and US Navy aim to develop hybrid fleets to reduce reliance on and dangers to crewed vessels, L3Harris, Metal Shark and Red Cat step forward.
-
![South Korea displays domestic technology capabilities with KSS-III submarine launch]()
South Korea displays domestic technology capabilities with KSS-III submarine launch
Hanwha Ocean’s Jang Yeong-sil is the Republic of Korea Navy’s first 3,600t submarine and is the first of three boats in the military’s KSS-III programme.
-
![ST Engineering Marine expands capacity, seeks regional partners for growth]()
ST Engineering Marine expands capacity, seeks regional partners for growth
The company could be looking to collaborate with other Asian nations as well as countries further afield as it pushes ahead with its shipyard expansion plans.
-
![AUKUS update: Australian sovereignty is “paramount” as Trump declares “full steam ahead”]()
AUKUS update: Australian sovereignty is “paramount” as Trump declares “full steam ahead”
AUKUS has been under the spotlight this week as US President Donald Trump and Australian Prime Minister Anthony Albanese had their first face-to-face meeting.
-
![US Navy acquires additional Most Aggressive Features for Virginia-class submarines]()
US Navy acquires additional Most Aggressive Features for Virginia-class submarines
A follow-on contract awarded to Collins covers the supply of up to eight MAFs to be delivered from 2027.
