Insolvency administrator grants federal contract for shipyard

Created: 06/28/2022, 18:14

Trolleys hang on the gantry crane of the MV shipyard in Rostock-Warnemünde.

© Jens Büttner/dpa/archive image

The federal government has been awarded the contract to purchase the shipyard in Rostock-Warnemünde.

This was announced by the insolvency administrator of MV Werften, Christoph Morgen, on Tuesday in Warnemünde.

The naval arsenal of the Bundeswehr is to be located there, which is responsible for the maintenance of the ships of the German Navy.

Final negotiations still have to be conducted, and the parliamentary scrutiny also applies.

Rostock – The Warnemünde shipyard previously belonged to the MV shipyard group, which has been insolvent since mid-January, alongside Wismar and Stralsund.

At the beginning of June, the submarine builder Thyssenkrupp Marine Systems (TKMS) in Kiel bought the Wismar shipyard and plans to build military ships there from 2024.

The shipyard in Stralsund was bought by the city to develop a maritime business park.

dpa