Ailing German Shipyard Appoints New CEO

Press Release
Sunday, August 05, 2012
Rüdiger Fuchs: Photo credit P+S Werften

Rüdiger Fuchs to become new Chief Executive Officer of P+S Werften, aims to re-define the German shipyard's business model.

The experienced industry manager and qualified engineer (Daimler Group, Airbus and Sietas Group) will take over management of the company from Dr. Dieter Brammertz, who is leaving P+S as planned. The change is taking place after the European Commission has approved the rescue aid granted preliminarily by the German State of Mecklenburg-Pomerania.

Rüdiger Fuchs (46): “I represent a new start at P+S Werften. It’s my aim to lead P+S Werften to long-term success as a specialist shipbuilder with a clear product profile. My first steps will be to win back the trust of customers, employees and suppliers as well as banks and guarantors in the company, and to work out a truly realistic company concept. To this end, we need a thorough and clear analysis which begins this very day. This will form the basis for a comprehensive restructuring plan which we will present to the European Commission by the end of 2012.”

The new CEO intends the company to sharpen its focus on the the development and construction of high-performance special-purpose vessels.

He adds: “Specialist shipbuilding can only succeed when design and production come from one source. Innovative engineering and a highly-skilled production team are the key to market success. For the successful implementation of specialist vessel construction with single-unit production, we at P+S Werften will further develop the necessary product expertise and cultivate the right relationship between engineering and production.”



 

Maritime Reporter October 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Sapurakencana Wins 3 Petronas Oil blocks

SapuraKencana Petroleum Berhad today announced that it has entered into Sale and Purchase Agreements to acquire the entire interest of PETRONAS in 3 blocks offshore

Kemp Succeeds Semple at Wood Group

Wood Group announced following changes to its senior management team. Alan Semple, chief financial officer (CFO) has advised the board that he intends to

ST Engineering Rejigs Top Deck

Singapore Technologies Engineering Ltd (ST Engineering) today announced the appointment of senior management personnel to new key management positions in the

Shipbuilding

MHI Receives "Best IR Award"

Mitsubishi Heavy Industries, Ltd. (MHI) has received one of this year's "Best IR Awards" presented annually by the Japan Investor Relations Association (JIRA).

Steven Palazzo Visits HII, Newport

Huntington Ingalls Industries today hosted Rep. Steven Palazzo, R-Miss., for a tour of the company's Newport News Shipbuilding division. Palazzo represents the fourth district of Mississippi,

Everett College to Launch New Research Boat

Everett Community College’s Ocean Research College Academy (ORCA) will launch its new research vesel on November 22 with a celebration at 11 a.m. at the Port of Everett.

 
 
Maritime Careers / Shipboard Positions Maritime Standards Navigation Pipelines Pod Propulsion Port Authority Ship Electronics Ship Repair Sonar Winch
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: 0.2175 sec (5 req/sec)