Meyer Werft
German shipbuilder From Wikipedia, the free encyclopedia
German shipbuilder From Wikipedia, the free encyclopedia
Meyer Werft (pronounced [ˈmaɪɐ ˈvɛʁft] ; lit. 'Meyer Shipyard') is a German shipbuilding company, headquartered in Papenburg at the river Ems, founded in 1795, building small wooden vessels. It has been owned and managed by the Meyer family for seven generations. Since 1997, it has been part of the Meyer Neptun Group, together with Neptun Werft in Rostock. In 2014, the company added the Turku shipyard in Finland to the group. Since then, it has also been a builder of luxury passenger ships. 700 ships of different types had been built at the yard. The Dock 2 Hall is the third largest shipbuilding hall and the fifth-largest usable volume in the world as of 2022. The shipyard is an anchor on the European Route of Industrial Heritage.[6]
This article may need to be rewritten to comply with Wikipedia's quality standards. (October 2024) |
Company type | Private |
---|---|
Industry | Shipbuilding |
Founded | 1795 |
Headquarters | Papenburg, Germany |
Key people | Bernard Meyer, CEO
Thomas Weigend Dr. Jan Meyer Tim Meyer[1] Bernd Eikens[2] |
Products | Cruise ships Tankers Livestock carriers Ferries Research vessels |
Revenue |
|
Number of employees | 7,000 (2024),[4] 3100 (2030)[5] |
Parent | Meyer Neptun S.à.r.l. |
Website | meyerwerft.com |
The shipyard was founded at the beginning of 1795 by Willm Rolf Meyer as a yard specializing in small wooden vessels. Josef Lambert Meyer began building iron vessels in 1874.[7] During the Second World War, Meyer Werft mainly repaired ships, including ships from the Kriegsmarine. There were once more than 20 shipyards in the Papenburg area, but today Meyer Werft is the only one remaining.[citation needed]
Meyer Werft gained international recognition through the construction of roll-on/roll-off ferries, passenger ferries, gasoline tankers, container ships, livestock ferries and most recently luxury cruise ships.[citation needed]
Meyer is one of the largest and most modern shipyards in the world with about 3300 employees, and home to the largest roofed dry docks in the world. The first covered dock was inaugurated in 1987 and was 370 meters long, 101,5 meters wide and 60 meters high. In 1990/91 the dock was extended by an additional 100 meters. In 2004, a second covered dock was built, which is announced to be extended to a full length of 504 meters, a width of 125 meters and height of 75 meters in order to compete with Asian shipyards. Meyer Werft will as a result of this be able to build three cruise ships a year.[8] Because the yard at Papenburg is upstream on the river Ems, the giant ships to be delivered have to make a 36 km voyage to the Dollart bay. These voyages attract thousands of spectators. Up until the completion of the Ems river barrier in 2002, the journey was only possible at high tides.[citation needed]
In September 2014 Meyer Werft acquired 70% ownership of STX Finland and the Turku shipyard STX Finland Oy from STX Europe with the state-owned Finnish Industry Investment owning the remaining 30%. The shipyard was renamed Meyer Turku Oy.[9][10][11] Meyer Werft acquired the remaining 30% in 2015.[citation needed]
During the COVID-19 pandemic, Meyer Werft ran into financial trouble due to a rise in energy and material costs for their shipbuilding contracts. In 2024, Meyer Werft needed €2.8 billion to complete its existing orders but were unable to obtain financing from banks. The German state and the States of Germany were asked to support the struggling shipyard. Chancellor Olaf Scholz proclaimed the systemic relevance of Meyer Werft in mid August 2024 and signaled the readiness to help out, pending approval by the Bundestag and the European Commission.[12] On 13 September 2024, the German parliaments budgetary committee voted for the governments rescue plan.[13] Research by Handelsblatt showed that the Federal Ministry of Finance had addressed the committee in a secret dossier and stressed the potential importance of the shipyard for military projects if global tensions should rise. However, Max Johns, Professor for Maritime Management with the HSBA called the claim of Meyer Werft's importance for military projects a "retroactive search for reasons" after politicians had already promised to help, and that ThyssenKrupp Marine Systems and Lürssen were already available.[14] The contracts were signed on 16 September 2024, with the German government acquiring 80 % of the company for €400 million.[15] A week after the signing, systemic malpractices in management accounting were discovered, with the management apparently unaware of the actual state of Meyer Werft projects and never having produced monthly financial statements.[16]
A large variety of ships have been built at Meyer Werft, including car carriers, cargo ships, container ships, cruise ships, ferries, fishing vessels, gas carriers, lightvessels, paddlesteamers, passenger ships and Seebäderschiffs. During the last years, the shipyard was only building cruise ships.[17][18][19][20] Since 2024, the company is building parts of Converter Platform. The decision was made during the beginning of the COVID-19 pandemic.[21][22][23]
Delivery | Name | Weight | Owner | Dock Hall | Notes |
---|---|---|---|---|---|
2024 | Disney Treasure | 135.000 | United States Disney Cruise Line | 2 | Cruises, 1250 Cabins, LNG |
2024–2027 | – | – | Dragados Offshore | Offshore Steel Platforms DolWin4 (dolwin delta, S.727[24][25][26][27]), BorWin4, BalWin1 & BalWin2 | |
2025 | Asuka III | 51.950 | Japan Nippon Yusen | 1 | Cruises, 744 Pax, LNG |
2025 | Disney Destiny | 135.000 | United States Disney Cruise Line | 2 | Cruises, 1250 Cabins, LNG |
2026 | Njord | 84.800 | Ocean Residences Development | Residences, 1000 Pax, Methane | |
2026 | Meteor IV | 10.000 | Germany German Government | 1 | Research |
2027 | N.N. (Excel-Class) | 180.000 | United States Carnival Cruise Line | 2 | Cruises |
2028 | N.N. (Excel-Class) | 180.000 | United States Carnival Cruise Line | 2 | Cruises |
2028[28] | Disney Project | 135.000 | Japan Oriental Land | 2 | Cruises, 1250 Cabins, LNG |
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