European shipbuilding gets a wakeup call
Russia’s invasion of Ukraine is having repercussions in the Baltic. Already, Finland and Sweden have sought to join NATO. Now, long-time NATO member Denmark is planning to invest up to DKK 40
MV Werften
Royal Caribbean buys former Crystal Endeavor for $275 million
Royal Caribbean Group (NYSE: RCL) reports that it has received court approval to acquire the ultra-luxury cruise ship Endeavor (ex-Crystal Endeavor). Originally delivered to Crystal Cruises in 2021 by German shipbuilder MV
Genting Hong Kong: The other shoe drops
As we noted when German shipbuilder MV Werften filed for insolvency on January 10, the move raised big questions about the future of its parent Genting Hong Kong, whose operations include Dream
Genting’s German shipyard unit files for insolvency
Running out of cash to continue construction of the 5,000-passenger cruise ship Global One, Genting Hong Kong’s German shipbuilding subsidiary MV Werften yesterday filed for insolvency under German bankruptcy laws. The filing
World’s longest cruise ship roller coaster starts taking shape
COVID-19 restrictions may have temporarily halted production at Genting Group’s MV Werften shipbuilding operation in Germany, but work is continuing on a key feature of its first Global Class vessel: the world’s
Deltamarin and Elomatic win MV Werften cruise ship design contract
OCTOBER 30, 2018 – Deltamarin and Elomatic, both based in Turku, Finland, have signed an agreement with Genting Hong Kong subsidiary MV Werften Wismar GmbH for the basic and detail design of
MV Werften orders Pemamek automated production systems
SEPTEMBER 26, 2017 — Genting Hongkong’s German shipbuilding subsidiary, MV Werften, has signed a major contract with Loimaa, Finland, headquartered Pemamek for the supply of extensive automated manufacturing solutions for its Rostock
MV Werften hands over first of four for Crystal River Cruises
AUGUST 7, 2017 — In a ceremony in Wismar, Germany, last week, shipbuilder MV Werften handed over its first vessel to be completed since its acquisition by Genting Hong Kong, The vessel,
MV Werften lays keels for two Crystal River Cruises vessels
MAY 25, 2017 — Crystal River Cruises yesterday moved forward with the expansion of its “Rhine Class” fleet of river vessels. The keels were laid for the company’s next two new-builds, Crystal
Genting Hong Kong issues profit warning
JANUARY 24, 2017 — Genting Hong Kong has mostly been in the headlines lately as it unveiled ambitious plans to build new vessels for its various cruise brand at its newly created