Dusseldorf The MV Werften in Mecklenburg-Western Pomerania filed for bankruptcy on Monday. The Schwerin District Court confirmed receipt of the application. A spokesman for the group had previously announced the move.
The employees have already been informed. The cause of the bankruptcy are the financial difficulties of the parent company Genting Hong Kong, especially as a result of the corona crisis.
The negotiations between the federal government and the state on the one hand and MV Werften and Genting Hong Kong on the other hand over a rescue package had so far not led to a positive result. How things will go on with the last 1900 employees is an open question.
MV Werften did not succeed in securing the financing of the 75 percent finished and around 1.5 billion euro expensive new build of the cruise ship “Global Dream”. It is considered to be one of the largest cruise ships ever built and was intended exclusively for the Asian market.
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According to the dpa, the federal government had repeatedly assured that it wanted to provide around 600 million euros from the Economic Stabilization Fund (WSF). The ship should be used as security for this. The owners’ own contribution was a contribution of 60 million euros plus guarantees for the federal funds in question.
The President of Genting Hong Kong, Colin Au, had recently said that four offers had been submitted to the federal government for further funding. However, these have all been rejected.
More: Pressure from all sides – The cruise industry is getting caught up in the corona vortex