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.
BY OLE ANDERSEN

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 7 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 be at least 8 characters, including three of: Uppercase, lowercase, numbers, symbols
    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

    Share article

    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