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21 April 2019 The on-line newspaper devoted to the world of transports 03:04 GMT+2

October 17, 2018

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The Fosen Norwegian Yard acquires a participation in the German ship yard Nordseewerke

The plant of Emden will be renamed Fosen Nordseewerke

The shipbuilding society Norwegian Fosen Yard, that it is of property of the navalmeccanica company NorYards in its turn of property of the Calexco Luxemburger, has announced an investment in the German ship yard Nordseewerke Emden Shipyard di Emden. The Norwegian society has signed an agreement with the Deutsche Industrieanlagen and Patrick Hennings-Huep, owners of the Nordseewerke, in order to constitute joint venture that the Nordseewerke will succeed to.

The Nordseewerke will be liquidated and joint venture will constitute the new society Fosen Nordseewerke GmbH with the scope to make of international a navalmeccanico group that will take care of the entire cycle of the shipbuilding: from the planning, to the construction of the hulls, the preparation of the naval units until their delivery to the customer. Moreover joint venture will operate in all the segments of the shipbuilding.

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