'Fraid so .... Still better that than the breakers yard I suppose.
I lived in Southampton from 1949 ~ saw all the great liners come and go. My Grandad had served on many of them as an AB. (His cousin was a Titanic survivor) but all good things come to an end and so it was with the docks. I watched the slow conversion to container ships, then all the warehouses being poncified into flats for the yuppies, then the rest of the docks into a marina for gin palaces and I got out. I wouldn't give you two pence for the place now. From a cosmopolitan, vibrant and exciting pace to live to a nasty, spiteful housing estate full of "managers" in executive homes all "managing" pieces of paper around their desks and doing nothing of any worth.
I tried living there and working in London but gave up and moved to the smoke in the end. Not because of the travel but because of the spite and envy that turned Southampton into the sh*thole it now is.