MV Werften’s management team beefed up

2021-09-26T18:06:02+00:00 September 26th, 2021|Appointments|

Genting-owned German shipbuilding group, MV Werften, has strengthened its management team by bringing in group heavyweights.

Colin Au (Group President and Deputy CEO of Genting Hong Kong) (pictured), Gustaf Grönberg (Executive Vice President of Marine Operations and Newbuilding) and Peter Andersson (COO of MV Werften), plus Carsten Haake, have been added to the Board.

Genting Hong Kong’s clear commitment and commitment to the future success of of the shipbuilding group is demonstrated by these appointments, it said in a statement.

All of the managing directors have been heavily involved in the construction of new ships in the last five years.

Former CFO, Carsten Haake has also been appointed CEO, following the termination of Peter Fetten’s contract.

A new Supervisory Board consists of Joachim Hagemann as Chairman, Tan Sri Lim Kok Thay (Chairman and Chief Executive Genting Hong Kong), Chris Chan (CFO Genting Hong Kong), Mona Lai (General Counsel Genting Hong Kong) and two employee representatives from each of the yards.

These moves follow the successful conclusion of the negotiations on the bridging loan (WSF) with the representatives of the German federal government, the state and the shareholder and the first partial repayment of €193 mill by the shipyard in June this year.

MV Werften is currently focusing on the completion of the first global class ship ‘Global Dream’, due to be delivered next year and the full financing and completion of the second global class ship scheduled for delivery in 2024.