German Shipbuilding: Ships being built again at the Two Shipyards

(Press Release)
Thursday, January 17, 2013

Work at the Peene shipyard is proceeding according to schedule – the Volkswerft shipyard will resume production on 21 January


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. Which means the shipyard will be up and running again. By placing another order, DFDS has quite clearly shown its confidence in the employees’ shipbuilding skills,” said Brinkmann.  

By providing a guarantee in November 2012 for the continued construction of the two special ships, the state of Mecklenburg-Western Pomerania also cleared the way for the Volkswerft to be able to build ships again. The two special “roll on-roll off cargo” transporters are 195 metres long and have a container capacity of 342 TEU and a cargo capacity of 3,000 track meters, which will accommodate the transport of as many as 185 trucks.

On 28 November 2012, the state of Mecklenburg-Western Pomerania approved the debtor-in-possession financing for 43.5 million euros that the insolvency administrator had requested. This was possible within the framework of the liquidation plan, given the scope of the rescue aid granted.

Regarding the two ro-pax ferries moored at the shipyard’s dock in Stralsund, which originally had been ordered by Danish shipping company Scandlines, the administrator is now holding a number of talks because the number of parties interested in those two ships is growing.
 

Peene shipyard working according to schedule
At the Peene shipyard in Wolgast, which was sold to the Lürssen Group in December 2012 with an effective date of 1 May 2013, shipbuilding activities are proceeding as planned. Since Monday, 14 January, the newly constructed vessel No. 566 has been on a four-day trial run in the Baltic Sea. It is destined for the Swedish Coast Guard. The second vessel being built for the Swedish Coast Guard, new construction no. 567, is also on schedule. Deliveries are planned for February and March 2013, respectively.

Maritime Reporter January 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Shipbuilding

Imabari to Build 20,000TEU Containerships

Imabari Shipbuilding Co., Ltd. announced it has secured newbuild orders with the cooperation of Marubeni Corporation for 11 units of 20,000TEU Ultra-Large Container Carriers,

SSI Launches ShipConstructor 2015 R2.1

SSI has today released ShipConstructor 2015 R2.1 software.   The software release comes in response to emerging ship design, engineering and building trends as

HII Acquires Engineering Solutions Division

Huntington Ingalls Industries (HII) has acquired the Engineering Solutions Division of The Columbia Group, a designer and builder of unmanned underwater vehicles

Finance

Shippers Must Monitor Greek Government Changes

Moore Stephens says shipping must monitor developments in wake of Greek government change   International accountant and shipping adviser Moore Stephens says

Chevron Scraps 2015 Share Repurchase Program

Chevron Corp halted its 2015 share repurchase program on Friday, a move to conserve cash amid tumbling oil prices.   The company's shares extended loses on the news,

Marquette Transportation Reportedly for Sale

Marquette Transportation Company LLC, a U.S. towboat operator, is exploring a sale that could value it at more than $1 billion and has attracted the interest of

History

SECNAV Completes Visit to Paraguay

Secretary of the Navy (SECNAV) Ray Mabus completed a visit to Paraguay Jan. 29 during which he met with Republic of Paraguay President Horacio Cartes to discuss

Strategic Sale of Braemar's H.O.

On 27 January 2015 Braemar Shipping Services Plc exchanged contracts for the sale of our leasehold interest in our Marylebone corporate headquarters to Greenhouse

Bill Proposed to Repay WWII Merchant Mariners

Congresswoman Janice Hahn (Calif.) and Congressman John Duncan Jr. (Tenn.) introduced the “Honoring Our WWII Merchant Mariners Act of 2015,” which would provide

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Navigation Offshore Oil Pod Propulsion Port Authority Salvage Ship Simulators Sonar
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1221 sec (8 req/sec)