German shipbuilder Nordseewerke Emden Shipyard (NES) had filed for insolvency as its deal to provide cruiseship hull blocks for Meyer Werft ends.
A spokesman for the district court in Aurich confirmed the Wednesday move to Gottinger Tageblatt.
NES has 80 workers. Former owners of the site had declared the yard insolvent in 2012 and 2015.
The current incarnation was founded after the second bankruptcy.
It had a deal in place until the end of August to provide ship sections to compatriot yard Meyer Werft.
But the report cited a Meyer Werft spokesperson as saying Meyer Werft did not want to extend the contract due to “substantial problems” with the partnership and timely deliveries.
NES has been contacted for comment.
Lower Saxony’s ec…
Read the full article at: http://www.tradewindsnews.com/legal/1562990/germanys-nes-yard-files-for-insolvency