The insolvency administrator of Latvia's Tosmare Shipyard has put its assets up for sale for EUR 2.163m ($2.44m).

A notice on its website says the sale includes two drydocks, a floating dock and shipbuilding and repair equipment in Liepaja.

A court had declared the yard insolvent in August last year, according to Dienas Bizness.

Creditors are claiming EUR 4.16m.

The yard was founded in 1900.