Nobiskrug Files For Insolvency
\n \tGerman shipyard Nobiskrug, responsible for building some of the world\u2019s most iconic superyachts, has filed for insolvency.
\n According to German news outlets, the shipyard had been struggling with earlier management decisions, creating a situation that was gravely compounded by the coronavirus crisis.\u00a0
\nNobiskrug has confirmed that it has filed for insolvency, but did not give any further comment at this stage.
\nNobiskrug\u2019s parent company Privinvest – an international shipbuilding group – had invested almost 180 million euros in the Rensburg yard in recent years.
\nBernd Buchholz, Minister of Economic Affairs in the state of Schleswig-Holstein, made an appearance on German television to speak of \u2018hope for perspectives\u2019 despite the grave situation in the shipbuilding landscape in general.\u00a0
\nNobiskrug is perhaps best known for the construction of 143m Sailing Yacht A; the world\u2019s largest motor-assisted sail yacht who was sighted in the Isle of Man last week.\u00a0
\nThere are several projects currently in-build at Nobiskrug, including the 77m Project Black Shark.<\/p>\n
\t Nobiskrug Files For Insolvency <\/p>\n
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Nobiskrug Files For Insolvency German shipyard Nobiskrug, responsible for building some of the world\u2019s most iconic superyachts, has filed for insolvency. According to German news outlets, the shipyard had been struggling with earlier management decisions, creating a situation that was … <\/p>\n