Meyer Werft has struck a major supply contract with neighbouring Nordseewerke Emden Shipyard (NES) for hull blocks to help complete its massive cruiseship building projects.
The contract is a big boost for the recovery of NES, which came out of bankruptcy proceedings in September 2015 under the ownership of private equity company Beaufort Capital.
Under the deal, NES will supply between 13 and 15 hull block sections of 300 tons to 500 tons annually from its yard at the mouth of the Ems River in northwest Germany, downstream of Meyer Werft’s Papenburg facility for its cruiseship projects.
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