Lürssen Group Navigates Troubled Waters with Bid for Ailing Nobiskrug Shipyard

Published: 03 Feb 2025
Bremen-based Lürssen Group intends to chart a new course for the insolvent Nobiskrug Shipyard, through a potential acquisition.

What might have been a sinking ship, Nobiskrug Shipyard in Rendsburg, is now anchored firmly, with Lürssen Group at the helm. The Bremen-based firm has offered a lifeline to the insolvent shipyard by launching a bid to acquire its facilities and land.

Upon the deal’s closure, Nobiskrug will chart a new course, becoming part of its neighbour, the Lürssen-Kröger shipyard. The potential acquisition is a beacon of hope in straitened times, following reports that both FSG and Nobiskrug, linked to the contentious German businessman, Lars Windhorst, had entered insolvency.

Despite financial blows attributed to mismanagement, whispers of revival for the two historical yards are on the winds. The Rönner Group from Bremerhaven has pledged to continue operating the Flensburg shipyard, while Lürssen sets its sights on Nobiskrug.

Anticipation builds as construction of the LNG-powered RoRo vessel, for the Australian shipping company SeaRoad, is set to progress at the Flensburg shipyard, under the Rönner Group’s direction. Yet, due to the sizable investment backlog, operations at both yards currently remain on standby.