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Thyssenkrupp to buy MV Werften shipyard

BERLIN โ€” German submarine and ship builder, Thyssenkrupp Marine Systems, said on Friday it has agreed to buy the Asian-owned MV Werften shipyard on Germany's Baltic coast which filed for bankruptcy at the start of the year.The German company, TKMS, said in a statement that the two sides had agreed confidentiality on the purchase price.ย MV Werften ran into dire straits after
Carsten Haake Reinhard Meyer Thyssenkrupp Marine Systems Mecklenburg Western Pomerania

Thyssenkrupp to buy MV Werften shipyard

BERLIN โ€” German submarine and ship builder, Thyssenkrupp Marine Systems, said on Friday it has agreed to buy the Asian-owned MV Werften shipyard on Germany's Baltic coast which filed for bankruptcy at the start of the year.The German company, TKMS, said in a statement that the two sides had agreed confidentiality on the purchase price.ย MV Werften ran into dire straits after
Carsten Haake Reinhard Meyer Thyssenkrupp Marine Systems Mecklenburg Western Pomerania

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Global Dream Turns Into Nightmare For German Port Town

The unfinished Global Dream rests quietly in a dock as the Covid-19 pandemic has turned the cruise ship into a nightmare for the shipyard in Wismar along Germanys windswept Baltic coast. Destined to have become one of the worlds largest liners, the Global Dream will be lucky to ever set sail a ..
Mecklenburg Vorpommern East Germany Carsten Haake Christian Buenge Christoph Morgen Henning Groskreutz

Genting Hong Kong subsidiary teetering on insolvency amid protracted talks on German aid — report

Cruise ship operator Genting Hong Kong Ltd's indirect wholly-owned subsidiary MV Werften Holdings Ltd (MVWH) is reported to be teetering on insolvency as it finds itself in protracted negotiations with the German federal and state governments over long-promised financial assistance to mitigate the impact of Covid-19-driven movement restrictions which had stifled the global tourism sectorโ€™s growth, The Maritime Executive reported, quoting MVWH managing director Carsten Haake and a spokespe...
Kuala Lumpur Mecklenburg Vorpommern Hong Kong Carsten Haake Genting Hong Kong Mv Werften Holdings Ltd

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