by Mariska Buitendijk | Mar 8, 2022 | News, Ship conversion/refit, Ship repair/maintenance, Shipbuilding
The insolvency administrator has announced that the Lloyd Werft Bremerhaven has been sold to the Rönner-Zech Group. The German shipyard is to be taken over before 1 April and the 230 employees are said to keep their jobs. Plans are for the yard to focus on ship...
by Mariska Buitendijk | Jan 20, 2022 | News, Passenger ships, Shipbuilding, Shipping
After first filing for bankruptcy for its cruise shipyards in Germany – MV Werften and Lloyd Werft – Genting Hong Kong has also asked the Supreme Court of Bermuda to wind up the parent company and put it in the hands of liquidators. In a statement, the...
by Mariska Buitendijk | Jan 10, 2022 | News, Passenger ships
Despite large investments of the Genting Group since 2016 and the delivery of the Crystal Endeavor in July 2021, cruise shipbuilder MV Werften could no longer cope as a result of the Covid-19 pandemic and is filing for bankruptcy on Monday, 10 January. MV Werften...
by Mariska Buitendijk | Jul 19, 2021 | News, Shipbuilding, Yachts
Shipyard Flensburger Schiffbau-Gesellschaft is taking over the insolvent superyacht builder Nobiskrug in Rendsburg. The contract was notarised on 16 July, after the creditors’ committee had given their consent. Almost all of the 300 shipbuilding jobs at the...
by Mariska Buitendijk | May 4, 2021 | News, Yachts
The search for an investor for the insolvent superyacht builder Nobiskrug in Rendsburg, Germany, has entered a new phase. The preliminary insolvency administrator of the shipyard, Hendrik Gittermann of the Hamburg-based law firm Reimer, has commissioned the...
