Norwegian Fosen Yard, together with the investment group around Deutsche Industrieanlagen and Patrick Hennings-Huep, the previous owner of Nordseewerke Emden Shipyard, has entered into an agreement to establish Fosen Nordseewerke GmbH. Following the deal, Fosen Yard will own 51% of the shares in Nordseewerke. Nordseewerke has built more than 620 ships over the last century within the areas of commercial, cruise- and navy vessels.
