German shipyard MV Werften has beefed up its offering with the takeover of Neptun Ship Design.

Rostock-based Neptun is Germany’s largest vessel designer.

It will be a wholly-owned subsidiary of the MV Werften group, adding 120 staff.

"We are pleased about the gain and the new, experienced colleagues in our team," said MV Werften managing director Peter Fetten.

"Their know-how is well known to us from an intensive cooperation.