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A pair of shipyards in northern Germany owned by investor Lars Windhorst have been bought out of bankruptcy by two established shipbuilding firms, according to the bankruptcy administrators.

FSG Nobiskrug shipyards has received several offers from potential investors. These are industry-related companies from Germany, not financial investors. This was reported by the provisional ...

The future of the two insolvent German shipyards, Flensburger Schiffbau-Gesellschaft (FSG) and Nobiskrug, looks brighter as Lürssen Group moves to place a formal bid to take over the facilities ...

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Nobiskrug and FSG had already been experiencing problems for some time. The Bremen-based luxury yacht builder Lürssen will take over the Nobiskrug shipyard, according to provisional insolvency ...

PHUKET, Thailand -- After growing his family's extensive pearl farming business, Phuket entrepreneur Amorn Intorncharoen decided his next venture would be to build a luxury yacht on Thailand's ...