FSG Nobiskrug Shipyards negotiations at "advanced stage"

FSG Nobiskrug shipyards has received several offers from potential investors. These are industry-related companies from Germany, not financial investors.

This was reported by the provisional insolvency administrators Dr Christoph Morgen and Hendrik Gittermann at an event in Rendsburg on 17 January. The occasion was the visit of Schleswig-Holstein's Prime Minister Daniel Guenther and State Minister of Economic Affairs Claus Ruhe Madsen to a staff meeting at the invitation of the workers’ union “IG Metall Rendsburg”.

“Negotiations with interested parties are well advanced. This applies equally to the Rendsburg and Flensburg sites,” said Gittermann. Nonetheless, Gittermann and Dr Morgen consider a complete and immediate resumption of production at the beginning of February, and then under new management, to be unrealistic. Before that, maintenance work and TUV inspections would have to be carried out, insurance cover applied for and much more would have to be done.

Meanwhile, the preparations and work on the 210-metre long RoRo vessel are to resume at the Flensburg site in February if possible, thus providing the shipyard with short-term employment. The provisional insolvency administrator Dr Morgen is in close contact with the Australian shipping company SeaRoad regarding this matter. “The interest and cooperation shown by the shipping