The Mykolaiv regional economic court has startedproceedings against the yard at the request of local supplier Painting andInsulating Venture Rainbow.
A preliminary hearing is scheduled for 24 July.
Okean president Volodymyr Mykhailiuk said the case wouldnot affect the yard.
"The bankruptcy proceedings were initiated by a shipyard'screditor concerning an insignificant debt that emerged as far back as in 2010.The situation is not critical and will not have impact on Okeanoperations," he added.
Management