Moonen with problems

Martin Hager

 · 09.07.2015

Moonen with problemsPhoto: Unbekannt
Moons with problems
After its main Mexican investor Altos Hornos de Mexico announced that further financing of the Dutch shipyard would be impossible in the near future, the shipyard had to ask its creditors to defer payment.
Moonen shipyard site in Groot-Ammers. | s.Photo: UnbekanntMoonen shipyard site in Groot-Ammers. | s.

The shipyard's press release states: "Due to cash flow problems, investor AHMSA is unable to finance the new yachts currently under construction in the halls in s'Hertogenbosch and Groot-Ammers. This results in an immediate cash flow congestion at Moonen."

As one of the largest steel manufacturers in Central America, the main investor is currently suffering greatly from the drop in steel prices of up to 40 per cent in the last five months and from tough and cheap steel competition from China and Russia.

Just a few weeks ago, during the HISWA press tour, the Moonen management announced three sales of yachts from the new "Caribbean" series (1 x 29.90m model "Matica", 2 x 36.30m "Martinique"), which were to be delivered by 2017.

It is currently still unclear what will happen to the shipyard. The requested payment deferral gives the management a little time to seek new investors and thus raise funds for a new start.

Moonen "Martinique". | ".Photo: UnbekanntMoonen "Martinique". | ".
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Martin Hager

Martin Hager

Editor in Chief YACHT

Martin Hager is editor-in-chief of the titles YACHT and BOOTE EXCLUSIV and has been working for Delius Klasing Verlag for 20 years. He was born in Heidelberg in 1978 and started sailing at the age of six, in an Opti of course. This was soon followed by 420s, Sprinta Sport and 470s, which he also sailed on the regatta course with his brother. His parents regularly took him on charter trips through the Greek and Balearic Islands. Even at a young age, it was clear to him that he wanted to turn his passion for water sports into a career. After graduating from high school and completing an internship at the Rathje boatbuilding company in Kiel, it was clear that he did not want to become a classic boatbuilder. Instead, he successfully studied shipbuilding and marine engineering in the Schleswig-Holstein state capital and focused on yacht design wherever he could. His diploma thesis dealt with the “Testing of a new speed prediction method for sailing yachts”. In 2004, the superyacht magazine BOOTE EXCLUSIV was looking for an editor with technical and nautical background knowledge, a position that was perfect for Martin Hager. The application was successful and a two-year traineeship was arranged. After twelve years as an editor, the editorial team changed and he took over responsibility for BOOTE EXCLUSIV as editor-in-chief in 2017. After long-time YACHT editor-in-chief Jochen Rieker moved to the role of publisher, Martin Hager also took over the position of editor-in-chief of Europe's largest sailing magazine YACHT, which is celebrating its 120th anniversary this year, at the beginning of 2023. When he's not working on topics for the two water sports titles, Martin Hager likes to go out on the water himself - preferably with kite and wingfoil equipment or on a little after-work trip across the Alster.

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