MV Werften Fertigmodule GmbH, part of the MV Werften Group, said it has taken over its own cabin factory in Wismar. In addition to the purchase price, MV Werften will €13 million in the facility and pointed out that up to 200 new jobs would be created in the process.

“The facilities with a total area of 22,000 square metres will be used for manufacturing ship cabins for the cruise ships with delivery from 2020. Besides a modern production area of 8,700 square metres, the acquired premises have over 4,000 square metres of storage area,” the company said in a statement.

The factory is located less than two kilometres from the Wismar shipyard and, being adjacent to the autobahn A20, has excellent transport links to the group’s other two shipyards in Rostock and Stralsund.

“Having our own cabin factory is very important as large cruise ships can only be built on a time- and cost-effective basis with prefabricated cabins,” said Jarmo Laakso, Managing Director of the MV Werften Group. “MV Werften Fertigmodule will supply us with high-quality prefabricated cabins at a competitive price.”

MV Werften is part of the Genting Hong Kong group, which also owns the cruise brands Crystal Cruises, Dream Cruise and Star Cruises.

Genting has stated that it wants to build ships for all three brands at its own shipyard to free itself from the cycle in the shipbuilding industry. It has placed orders for 10 vessels with MV Werften.