Cash crisis threatens German yard survival

Rescue sought for P&S yards: here Peene Werft

One of Germany’s most successful shipyard groups – P&S Werften – is threatened by cash-flow problems and reportedly needs more than €200 million to carry on, some of it immediately to pay 1700 employees.

This is premium content

Already a member? SIGN IN now

V2-MS

Sign up for FREE to continue reading!

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!