A media representative takes a photo of the cruise ship"Global Dream" under construction in the shipbuilding hall of MV Werften shipyard in Wismar, Germany, Friday, Jan. 7, 2022. The German government called on Malaysia-based Genting Group to contribute financially to the rescue of a shipyard it bought five years ago in northern Germany. German news agency dpa reported that the shipyard, MV Werften, filed for bankruptcy protection Monday, putting some 1,900 jobs at risk.
The MV Werften shipyard in northeastern Germany, which Genting bought in 2016, filed for bankruptcy protection Monday after getting into financial difficulties over the construction of a massive cruise liner. But German officials made clear that they wanted Genting, which is majority-owned by Malaysian billionaire Lim Kok Thay, to contribute at least 10% to the rescue effort.
Habeck called it “bitter news” for those employees in the economically depressed state of Mecklenburg-Western Pomerania.
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