Mv Werften News

The insolvency administrator of the MV Werften Group, Dr Christoph Morgen, today handed over the symbolic key of the Wismar shipyard to Bernard Meyer of Meyer Wismar. The shipyard, which has been owned by TKMS since June 2022, has been leased back by the insolvency administrator and subleased to Meyer Wismar for the completion of the cruise vessel located in the dock hall. Present at the handover were approximately 400 employees, who are as of today employed by Meyer Wismar.“Over the course of the past year…

Disney Cruise Line has announced plans to acquire and complete the unfinished cruise ship previously known as Global Dream. The 208,000-gross-ton ship, which was originally being built by the now bankrupt MV Werften shipyard in Wismar, Germany for insolvent parent company Genting Hong Kong's Dream Cruises, has been sitting incomplete as the shipyard's liquidator sought a buyer. The Walt Disney Company's cruise subsidiary on Thursday confirmed plans to acquire the vessel and have it completed at the former MV Werften yard under the management of the Meyer Group…

The German government made an offer to buy the insolvent MV Werften's Rostock shipyard for its navy, a defense ministry spokesperson said on Friday, in a move to top up capacities for repairing and servicing war ships.Germany, in response to Russia's invasion of Ukraine, has been scrambling to bring its military back in shape after decades of attrition following the Cold War.In a major policy shift, Chancellor Olaf Scholz pledged in February to sharply increase defense spending, including an initial 100 billion euro ($106 billion) fund to fill gaps in weapons and other military equipment.The d

Thyssenkrupp's defense division hopes to start building for the German navy from 2024 at a shipyard in Wismar, northern Germany, once owned by insolvent MV Werften, its head said on Friday after it bought the site.Chancellor Olaf Scholz, in a policy shift after decades of attrition of Germany's armed forces, pledged in February after Russia invaded Ukraine to sharply increase defence spending, including an initial 100 billion euro ($106 billion) fund.Thyssenkrupp Chief Executive Martina Merz said last month that decision was "beneficial" to its marine services division (TKMS), which said on Fr

Germany's second-largest defense group Thyssenkrupp Marine Systems (TKMS) wants to play a leading role in consolidating the German and European shipyard industry, its new Chief Executive Officer told German newspaper Welt am Sonntag."If the road to a European giant is still too difficult, a German champion could be formed first," Oliver Burkhard was quoted by the newspaper as saying.Burkhard said a merger, for example, could be formed with smaller German rivals Luerssen and German…

A German court will rule next week in a case brought by Genting Group against a German regional government after a row over funding for cruise shipbuilder MV Werften, which filed for insolvency on Monday.Genting, led by Malaysian tycoon Tan Sri Lim Kok Thay, bought MV Werften in 2016. The pandemic has hit the global travel industry, including cruise operators and led to production stops at shipyards that build cruise ships.Genting's subsidiary Genting Hong Kong said on Tuesday…

ALMACO said it has delivered the crew areas for the newbuild expedition cruise vessel Crystal Endeavor built in Stralsund in MV Werften shipyard.The company’s scope of delivery consisted of all crew areas and state-of-the-art public areas, where the guests prepare themselves for the expeditions that the vessel offers.ALMACO completed the areas onboard Crystal Endeavor on time prior to the vessel delivery. The steel-to-steel installation included interior and background outfitting. The installation of all 109 crew cabins and crew public areas were done by ALMACO’s team on site.

The PC6 luxury expedition yacht Crystal Endeavor recently cruised out of MV WERFTEN in Stralsund, Germany.The vessel, which had been built from 2018, was named by Mecklenburg-Western Pomerania’s Prime Minister Manuela Schwesig on June 26. The 20,200 GT Crystal Endeavor measures 164.5 x 23.4m, touted as the world’s largest luxury expedition yacht, able to accommodate 200 passengers and offers a 1:1 crew to passenger ratio.“Crystal Endeavor” is now en route to Iceland and is scheduled for a July 15 arrival in Reykjavík.

Crystal Endeavor, the 164 x 23-m, 20,200 GT ice-class expedition yacht was built at MV Werften and recently named in in Stralsund.The first luxury expedition yacht with ice class built in Germany is being dubbed 'the fastest, highest-performance and most spacious expedition mega yacht in its sector' with a passenger space ratio of more than 100. Her Polar Class PC6 classification enables her to navigate Arctic and Antarctic regions. She offers a total of 100 suites of between 28 and 105 m² with 24-hour butler service for a maximum of 200 passengers.

German shipbuilder Meyer Werft shipyard last Friday delivered to P&O Cruises the cruise ship Iona, dubbed the largest cruise ship ever built for the UK market.Apart from being the largest, with 185,000 tonnes, 345 meters in length with 17 guest decks, Iona is also the first British cruise ship to be powered by liquefied natural gas (LNG). It features four low-emission dual-fuel engines from Caterpillar, which can be operated 100% with LNG at seaand in port.The cruise ship had…

German shipbuilder MV Werften has said it has secured a 193 million euro loan from the German government to complete the new polar class luxury expedition ship Crystal Endeavor and to keep the shipyard in operation till March 2021. As reported back in April, Genting's Crystal Cruises announced the Crystal Endeavor's launch would be delayed due to the temporary closure of the MV Werften shipyards during the COVID-19 pandemic.The 164-meter, 20,000-gross-ton Crystal Endeavor was…

Carnival Corp’s AIDA cruise operator is among a list of companies seeking state aid from the German government, the Business Insider website reported on Thursday.AIDA is seeking about half a billion euros ($591 million) in state aid, Business Insider said, citing a government list of companies requesting support, which also includes shipbuilder MV Werften and steel producer Georgsmarienhuette.The finance ministry declined to comment.AIDA is examining whether financing schemes offered by the government are suitable for the company, a spokesman said, adding he was not aware of any considerations

As the maritime world collectively feels its way forward in a time now defined by the COVID-19 pandemic, the organizers of the SMM in Hamburg, traditionally the world's largest and most influential maritime and shipbuilding trade event, share market overview insights on the economic consequences of the coronavirus pandemic throughout the the shipping industry.The Covid-19 pandemic has turned the world economy on its head. “The recession this year will likely be more severe, and recovery in 2021 will be slower than we anticipated two months ago…

P&O Cruises' new ship Iona is on sea trials and nearing delivery a few months behind schedule after the coronavirus pandemic caused construction delays at Meyer Werft's Bremerhaven shipyard. The new liquefied natural gas (LNG)-powered cruise ship had been slated for delivery to Carnival's P&O brand earlier this Spring and was due to enter service in May before COVID-19 disrupted work on board Iona and at many shipyards across Europe, including Fincantieri, MV Werften and others.Outfitting work on Iona was able to resume after the Port Medical Service…

Genting's Crystal Expedition Cruises announced the launch of its new polar class luxury expedition ship Crystal Endeavor will be delayed due to the temporary closure of the MV Werften shipyards during the COVID-19 pandemic.The 164-meter, 20,000-gross-ton Crystal Endeavorc is currently berthed in MV Werften's Stralsund yard for final outfitting and was due to enter service in August before the shipbuilder in mid-March announced a four-week pause on operations at its locations in Wismar, Rostock and Stralsund due to the coronavirus outbreak.

Genting Hong Kong’s six ‘Universal Class’ ships will sport ABB power, propulsion and digital solutions, a  $175 deal for million contract to supply for the industrial giant.The six 286-m ships will be built at MV Werften, shipyards owned by Genting, for delivery in 2023-2024. Each will be outfitted with twin ABB Azipod electric propulsion units, delivering a combined power of 30 MW (40,230 HP), fueled by LNG.The Azipod propulsion system, where the electric drive motor is in a submerged pod outside the ship hull, can rotate 360 degrees to increase maneuverability and operating efficiency.

Genting Hong Kong and its Hong Kong–German shipbuilding group, MV Werften, announced a new Universal Class of cruise ships targeted at customers outside of Genting's cruise brand portfolio of Dream, Crystal and Star.The keel-laying of the second 208,000 gross ton Global Class ship for Dream Cruises took place December 10 at MV WERFTEN in Rostock.The midship section of the Global Class ship is being produced in Rostock. The transfer of the first 160,000 gross ton midship section for the first Global Class ship – the Global Dream – from Rostock to the covered dock of Wismar was completed only two weeks ago.At 235m long and 20 decks high…

Hong Kong–German shipbuilding company MV Werften announced that the 216 m long hull of the “Global Dream” arrive safely at its Wismar location after a nearly 50-mile tow.The midsection of the Global Dream, which was towed from Rostock-Warnemunde will be assembled and fitted out for Dream Cruises at Wismar facility.“We’re glad that the entire transport procedure – from undocking in Warnemünde to securing in the dock hall – proceeded so smoothly,” said Peter Fetten, CEO of Werften. “The haulage job was a milestone in the production plan. We superbly mastered this vital step today, also thanks to great project partners at our side.Two oceangoing…

Celebrations in Wismar: Twelve apprentices – six construction mechanics, four plant mechanics and two manufacturing mechanics – from Wismar, Rostock and Stralsund received their certificates of completion today. The young men have just completed three and a half years of vocational training.The ceremony was attended by representatives of the MV WERFTEN management team, training supervisors from each of the three locations, the works councils as well as representatives of the vocational schools and chambers of industry and commerce in Schwerin and Rostock.

The installation of decking solutions from Dutch company Bolidt aboard one of the largest cruise ships ever to be built in Germany has received a royal seal of approval, after King Willem-Alexander and Queen Maxima of the Netherlands witnessed a contract signing at the Rostock facilities of yard group MV Werften. The agreement, formalized during a trade delegation visit, provides for Bolidt to supply a total of 17,000m2 of its innovative synthetic systems to the first Global class cruise ship for Hong Kong-based Genting Group’s Dream Cruises…

KfW IPEX-Bank, leading a consortium consisting of six international banks, is structuring the financing of two cruise ships for Genting Hong Kong Ltd. and its brand Dream Cruises.The Global Class I and II ships are currently being built in the three shipyards of MV Werften located on the Baltic Coast in the German federal state of Mecklenburg-Western Pomerania.The financing package comprises around EUR 2.6 billion with a total investment volume of just under EUR 3.1 billion.The structure will be backed by export credit guarantees of the Federal Republic of Germany and the Finnish export credit agency Finnvera, as well as by a guarantee from the state of Mecklenburg-Western Pomerania.

Their Majesties King Willem-Alexander and Queen Máxima of the Netherlands called at MV WERFTEN’s Rostock facility in the course of their working visit to Mecklenburg-Vorpommern. They were accompanied by the Dutch Infrastructure Minister Cora van Nieuwenhuizen and the Minister-President of Mecklenburg-Vorpommern Manuela Schwesig. The Dutch royal couple’s working visit serves to cultivate and further intensify relations between the two countries.Hundreds of shipyard employees lined up to give the royal visitors a warm welcome on their arrival at the shipyard.

Cruise operator Genting Hong Kong (GHK) said that its unit Dream Cruises has launched the construction of the second Global Class cruise ship at German shipbuilder MV Werften  in Rostock-Warnemünde.“Production of Dream Cruises’ second Global Class ship commenced at MV Werften in Rostock-Warnemünde today, almost exactly a year after the keel laying of the flagship of the series," said Genting Hong Kong’s Chairman and CEO Tan Sri Lim Kok Thay while initiating at the press of a button the first steel cutting for the 342m long, 46m wide, 208,000 gross ton cruise vessel.“We are delighted that our comprehensive investments at the three shipyard…