Lloyd Werft Reports Strong First Half

Lloyd Werft Bremerhaven has reported a busy first half year with passenger-ship and specialty-ship work. Rudiger Pallentin, CEO, described the market as “changeable’ although noting optimism for the balance of the year. The German shipyard has built up an international reputation for its repair and conversion work. The company has also restructured and extended its network of agents as far north as Sweden, to Singapore in the Far East and to North and Central America.

The past few months included work on five cruise ships, the Black Watch for Fred. Olsen; the Artemis, Artania and Albatros for Phoenix Reisen; and the Minerva for Swan Hellenic (All Leisure Group). In addition, the Marco Polo, sailing for Cruise and Maritime Voyages, made a technical call for shaft inspection.

Lloyd Werft also converted to specialty ships – one into an offshore support vessel and another into an installation vessel for offshore wind energy turbines. Altogether Lloyd Werft worked on nearly 60 ships during the first half of the year.

While the market for large scale repairs and conversions is quite, according to Pallentin, he expects the yard to be fully occupied with routine class work, repairs and smaller conversions during the second half of the year.

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