Germany’s shipbuilder Flensburger Schiffbaugesellschaft (FSG) has received its first order since the new start under the direction of Tennor Holding.
IVP Ship Invest, a company of Lars Windhorst, founder of Tennor Holding, has ordered a roll-on/roll-off (RoRo) ferry for completion in April 2022.
According to FSG, the newbuild will feature advanced energy-efficient technologies. With a length of 210 metres and a width of 26 metres, it will have a gross tonnage of 32,770 tons.
At the same time, the company has also placed an option for a second vessel.
As informed, the order has a total value of EUR 140 million (around $167 million).
“This order is an important building block for the future of the Flensburg shipyard, ” Philipp Maracke , FSG CEO, pointed out.
“Construction is scheduled to start in December. With the implementation of the order, we are proving FSG’s ability to act. I know how much our 360 employees are looking forward to finally being able to develop and build … vessels again. Lars Windhorst has thus kept his promise to support the FSG in a difficult situation.”
To remind, FSG’s business assets and employees were recently taken over by several companies belonging to investment company Tennor Holding. The agreement enabled the financially-troubled shipbuilder to make a new start.
Earlier this year, FSG was forced to file for insolvency after it experienced financial woes related to the cancellation of several shipbuilding contracts.