Genting Hong Kong forms MV Werften for building new ships

Genting Hong Kong has announced that the three shipyards in the German State of Mecklenburg-Vorpommern bought this April will be named MV Werften, after the German State of Mecklenburg-Vorpommern.

They will be managed in Wismar and will focus on building large new ships. Lloyd Werft, located in Bremerhaven and bought last September, will focus on its prior business of repairs, conversion and building of megayachts.

Tan Sri KT Lim, chairman and chief executive of the Genting Group, said: “To make MV Werften into one of the world’s most modern and efficient cruise shipyards, we will invest 100 million euros in a thin plate laser welding line, a cabin module factory, a new covered section block building hall, the modernization of manufacturing control systems and new executive and employee offices and facilities.”

MV Werften
The new MV Werften logo

Harry Glawe, Mecklenburg-Vorpommern’s economy minister, added: “We highly appreciate the commitment of Genting Hong Kong.

“This is a strong signal and a clear statement from Genting on the shipbuilding industry in Mecklenburg-Vorpommern – and in particular, the shipyards in Wismar, Rostock and Stralsund.”

MV Werften will deliver the first of four Crystal River ships in 2017, the first of a series of 20,000 gross ton Crystal Endeavor Class polar expedition yachts in 2018 and the first of a series of 201,000 gross ton Star Cruises Global Class cruise ships by 2020.

The planned annual output of MV Werften will be stepped up in future years to eventually build two Neo-Panamax cruise ships of over 200,000 gross tons each and one Panamax cruise vessel. MV Werften has docks, fabrication halls and painting shops which are all covered and, as a result, is able to produce cruise ships of the highest quality and workmanship, valued at more than 2.5 billion euros.

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