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"German yards have adapted to the new reality"

Following a very tough period for German shipyards, the shipbuilding industry has now adapted to the new reality. But the financing aspect remains problematic, General Managing Director of the organization VSM, Reinhard Lüken, tells ShippingWatch.

Photo: the German Shipibuilding and Ocean Industries Association

The crisis seems to have eased its grip on the German shipyards, which are now once more facing the future with an increasing sense of optimism, says Reinhard Lüken, General Managing Director of the organization VSM, the German Shipbuilding and Ocean Industries Association, in an interview with ShippingWatch,

“Things are clearly improving. One can feel a positive dynamic, and people are more optimistic about the future again,” he says, adding:

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