Tagged MV Werften

Genting Hong Kong seeking US$600 million subsidy from German government to save its MV Werften shipyards

February 25, 2021

Troubled cruise ship operator Genting Hong Kong is in talks with the German government over a possible US$600 million rescue package to save its MV Werften shipyard group from insolvency. The package, if agr...

Genting Hong Kong’s German shipyard granted US$227 million government subsidy

October 8, 2020

Embattled cruise ship operator Genting Hong Kong is set to receive a €193 million (US$227 million) subsidy from Germany’s government to continue operations at its German shipyard MV Werften. The cash handout...

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