Lloyd Werft gets new Asian primary shareholder

Genting Hong Kong, which has ordered a series of cruise ships at German Lloyd Werft in Bremerhaven, is in the process of acquiring the whole shipyard.

Repair- and newbuilding yard Lloyd Werft in Bremerhaven has gotten a new primary shareholder in the form of Asian cruise and tourism group Genting Hong Kong, which in return for a USD 20 million investment in new facilities will acquire 50 percent of the shipyard, according to Tradewinds.

Already a subscriber?Log in here

Read the whole article

Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
Must contain at least 6 characters
Must contain at least 2 characters
Must contain at least 2 characters

Get full access for you and your coworkers

Start a free company trial today

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

Newsletter terms

Front page now

Further reading