The execution of the purchase agreement has taken place as scheduled: several companies belonging to Tennor Holding have taken over 350 employees of the Flensburger Schiffbau-Gesellschaft (FSG) as well as the assets of the shipyard within the scope of a transferable restructuring as of 1 September, 2020. In order to continue the restructuring process started in the insolvency proceedings, the new managing directors Stefan Kindler and Tarek Malak, who were seconded by Tennor Holding, will further build up the organization. By the winter of 2020, the management of the Flensburger Schiffbau-Gesellschaft will be placed in the hands of a management…
Flensburger Schiffbau-Gesellschaft (FSG): Joint press release by management, works council and IG Metall Flensburg
98.7 percent of the affected employees have declared their entry into the transfer company Flensburg, 5 August 2020: The transfer company set up by the FSG can start work: 98.7 percent of the FSG employees affected have declared their entry into the transfer company. There they will receive qualified further training over a period until January 2021 in order to create a new career perspective. During this period they will receive 80 percent of their previous net wages. Press Contact:Schellenberg & Kirchberg PRCord SchellenbergTelefon: 040 59350500mail@schellenberg-kirchberg-pr.de About the Flensburger Schiffbau-Gesellschaft (FSG) Since its foundation in 1872, the FSG has designed…
Investor Lars Winhorst (l.), FSG’s Managing Director Martin Hammer (middle) and Chairman of the FSG Works Council Thomas Jansen (r.) with a blueprint for the new RoRo ships
Sales Contract Signed: Investor Lars Windhorst gives shipbuilding in Flensburg a future
Flensburg, 31 July 2020; Several businesses belonging to Tennor Holding are taking on 350 employees from the Flensburger Schiffbau-Gesellschaft (Flensburg shipbuilding company, FSG), including all 31 trainees and 9 students, in a combined work-study programme, as well as shipyard business assets, in the scope of a transferred reorganisation (in line with German insolvency law). The contract of sale has been notarised and the parties involved have agreed not to disclose the sale price. With that, Tennor Holding founder Lars Windhorst is honouring his promise to stand by the FSG, following its application for insolvency. The execution of the contract is…
FSG delivers eighth new building for SIEM
Flensburg, 26. March 2020; Today, Thursday 26 March 2020, another Ro-Ro ship was handed over to SIEM. It is the eighth Ro-Ro vessel, which was delivered to our long-time Norwegian customer SIEM EUROPE. Under the current circumstances, (the FSG has temporarily suspended operations and production since 19.3.20 due to the current situation of CORONA COVID-19) we are very pleased that the handover could take place without any problems: The main parameters of the new Ro-Ro ferry: Length: 209,79 m Width: 26,00 m Speed: 21, 3 kn Load capacity: 11.900 t Draft: 6, 80 m Gauge: 4076 Trailer capacity: 283 Flensburger…
Flensburger Schiffbau-Gesellschaft suspends operations
Flensburg, 18 March 2020; As a result of the spread of Covid-19 in Europe, many countries have closed their borders and are recalling their citizens from abroad. This directly affects Flensburger Schiffbau-Gesellschaft (FSG) and its subcontractors, suppliers as well as shipping company representatives at the yard. FSG also takes seriously its Corporate Social Responsibilities and duty to care for the health and wellbeing of its employees and their families. FSG will follow the recommendations of the German government to prevent the further spread of Covid-19. For this reason, all operations and production will be temporarily suspended from Thursday, 19th March…
FSG confirms the amicable cancellation of two shipbuilding orders with TT-LINE
27 February 2020, Flensburg; – Flensburger Schiffbau-Gesellschaft mbH & Co. KG. (FSG), the German shipyard, has today confirmed the cancellation of two shipbuilding contracts with the Australian shipping company, TT-Line. The cancellation of the orders 778 and 779 for TT-Line is by mutual agreement after constructive and objective discussions between the management and owners of FSG and the management of TT-Line. Alex Gregg-Smith, Managing Director of FSG said, “This decision has been taken with the mutual consent of all parties concerned and is part of our reorientation of FSG as we focus on building high-quality products on time and on…