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Stralsund And Wolgast News

24 Jun 2013

German Shipbuilding Prospects are Fair & Partly Cloudy

There are few maritime sites as spectacular as seeing a newly built cruise ship, in this case Celebrity Reflection, make the journey from the Meyer Shipyard, Papenburg up the river Ems to the North Sea.

While economies across Europe have essentially bumbled, stumbled and fumbled in the wake of the global economic meltdown, Germany has remained comparitively strong. Despite the general migration of shipbuilding to the Far East, we decided to check in on the current status of this proud nation with a strong maritime heritage. German shipbuilders concentrated in 2012 on building cruise ships, megayachts, freight ferries and additional high-value, specialty ships. In total, nine German shipyards across 12 shipbuilding sites supplied 21 sea going ships with a total tonnage of 473,700.

17 Jan 2013

German Shipbuilding: Ships being built again at the Two Shipyards

On January 17, 2013, insolvency administrator Berthold Brinkmann gave a report about current developments at the P+S WERFTEN in Stralsund and Wolgast to the meeting of creditors and the creditor committee. Whereas work at the Peene shipyard in Wolgast was able to continue uninterrupted during the previous proceedings, production at the Volkswerft in Stralsund can only be resumed next Monday, 21 January 2013, following a nearly 11-week break. The agreement concerning two RoRo special vessels for Danish shipping company DFDS has now been signed, but it still subject to approval. “Because we believe approval will be granted, I've called on the operating company, Stralsunder Schiffbaugesellschaft, to take the appropriate steps to initiate production at the Volkswerft Stralsund.

29 Aug 2012

German Shipyard Files for Insolvency; Buyer Sought

In recent the management of P+S WERFTEN have been involved in discussions with the representatives of the German Federal State of Mecklenburg-Western Pomerania and the German Federal Government, and with its customers, suppliers, employees, the trade union IG Metall Küste and with banks to find a way towards an economic future for P+S WERFTEN. Rüdiger Fuchs, CEO of P+S WERFTEN since 7 August 2012, said, “In recent days we have explored all options in our attempts to reach a solution. We have provided open and honest information about our problems and tried to prevent insolvency. For this reason, the management of P+S WERFTEN GmbH has filed for insolvency before the insolvency court of the local court of Stralsund.