20th anniversary of Swan Hunter's collapse
17 February 2013 Last updated at 06:32 GMT
BBC Inside Out looks back on the day 20 years ago when the receivers moved in to Swan Hunter, the Newcastle shipbuilding yard.
Swan Hunter was forced to call in the receivers following the decision by the UK government in 1993 to award the contract for the Royal Navy's HMS Ocean to another shipyard.
Inside Out talks to some of the people who were involved in the collapse of the yard, from the receiver to the workers.
Inside Out North East & Cumbria is broadcast on Monday, 18 February on BBC One at 19:30 GMT and nationwide on the iPlayer for seven days thereafter.