"We are currently building three new yachts with lengths of 62, 70 and 77 metres, the 100-metre-plus project "Phoenix" with construction number 796 and two other yachts are in the project phase," explained Nobiskrug Managing Director Raimon Strunck just a few weeks ago when the BOOTE EXCLUSIV team visited the shipyard and the exceptional 80-metre-long project "Artefact".
A press statement now states that recent order cancellations and an uncertain future in yacht building have made filing for insolvency unavoidable.
The company, which is part of the Privinvest Group, pointed out in the press release that the parent company had invested around 178 million euros in Nobiskrug in recent years to secure the ongoing business without receiving a return. It also states that Privinvest will continue to support its two other northern German shipyards, German Naval Yards Kiel and the Lindenau shipyard, which is also based in Kiel, and is pursuing the goal of securing as many jobs as possible in Germany through constructive dialogue with all parties involved. Nobiskrug did not provide any further details.
The Rendsburg-based company's reference list includes technically highly complex formats such as "Sailing Yacht A" and "Artefact", as well as trend-setting new builds such as "Tatoosh". "Special yachts are our niche," emphasised Nobiskrug Managing Director Raimon Strunck during the BOOTE EXCLUSIV interview. "At Nobiskrug, we want to continue to differentiate ourselves through the type of projects we build. With the two spectacular newbuilds "Sailing Yacht A" and "Artefact", we have truly set an example. Both were projects that other shipyards rejected due to their technical complexity."
An insolvency administrator is to work out reorganisation options for the shipyard in the coming weeks. Shipyard operations will continue without restriction - including current yacht newbuilds and the processing of repair orders.
Martin Hager
Editor in Chief YACHT
