That is very sad... I think possibly being just that bit out of the way in a bay with strong competition must have been challenge.
They were so very welcoming to us when we visited in December 2020 just days after the re-opening. We especially remember a nice young man Mordekai (I may be misspelling that) who we chatted with at length, in those days when being a visitor was being an post-lockdown novelty.
I ran into Mordekai earlier this year, he was in training to be a Moorings captain.