€600 million support tipped for troubled German yard group

Global Dream transfer from Rostock to Wismar last year. Shut down now could threaten completions..

The east German shipbuilding group MV Werften (MVW) has been told it can hope for financial support worth some €600 million up to the end of the year to help it cope with a production shutdown caused by the Corona virus pandemic, writes Germany Correspondent Tom Todd.

Continue this article…

Already subscribed? SIGN IN now


Sign up for FREE to continue this article!

Want to read more before deciding on a subscription? It only takes a minute to sign up for a free account and you’ll get to enjoy:

  • Weekly newsletters providing valuable news and information on the shipping sector
  • Full access to our news archive
  • Live and archived webinars, podcasts and videos
  • Articles on innovations and current trends in the shipping industry
  • Our extensive archive of data, research and intelligence

Get more free content sign up today

Ready to subscribe? Choose from one of our subscription packages for unlimited access!