Lloyd Werft To Genting

Crystal Cruises’ parent company, Hong Kong-based Genting, has entered into an agreement to acquire Lloyd Werft, the Bremerhaven, Germany-based shipyard that includes a 50% ownership of the shipyard’s land.

Crystal Cruises

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Aerial view of Lloyd Werft, Bremerhaven, Germany. Courtesy of Lloyd Werft.

“Lloyd Werft has built and lengthened six of the ships owned by an affiliate of the company (NCL) and has the expertise to build a series of world class cruise ships, which will include the ‘Exclusive Class’ vessels for Crystal Cruises, the world’s most awarded luxury cruise line,” said Tan Sri Lim Kok Thay, Chairman and Chief Executive Officer, Genting Hong Kong. “Ownership in Lloyd Werft will enable Genting Hong Kong to leverage on the shipyard’s technical expertise and their well-established and long track record in the shipbuilding industry.”

This follows the July 19 announcement for Crystal Cruises massive expansion that will see introduction of Crystal Yacht Cruises (December 2015), Crystal River Cruises (2017), the aforementioned Crystal Exclusive Class cruise ships (late 2018) and Crystal Luxury Air (2017).

“With such great anticipation for Crystal River Cruises and Crystal Exclusive Class ocean vessels, we are incredibly excited about Genting’s groundbreaking investment in the Lloyd Werft shipyard that will contribute mightily to Crystal Cruises’ expansion,” said Edie Rodriguez, Crystal’s president and CEO.

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Rendering of Crystal Executive Class polar-certified cruise ship, courtesy of Crystal Cruises.

Genting Hong Kong signed a letter of intent earlier this year with Lloyd Werft to build Crystal’s Exclusive Class which are polar class cruise ships. In addition to the luxurious traveler’s suites, the ships will effectively launch Crystal Residences, with 48 private homes and featuring all the signature amenities of a luxury ship or yacht. Lloyd Werft will also build the collection of luxury river yachts, boasting large guest suites, spacious public spaces, and innovative itineraries and activities in destinations throughout France, Germany, Switzerland, Holland, Belgium, Austria, Slovakia, Hungary, Croatia, Serbia, Romania and Bulgaria.

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Lloyd Werft builder’s plate for the MV COSTA VICTORIA. Photo and copyright Peter Knego.

Lloyd Werft was founded in 1857 and initially focused on the general ship repair business, moving into the conversion and newbuilding businesses in the 1970s. The yard, situated on 260,000 square meters and comprising of six docks and a 1,600 meter pier, has an impressive track record for newbuilding including cruise vessels for Norwegian Cruise Line including MV PRIDE OF AMERICA, MV NORWEGIAN SKY and SUN, mega yachts such as the MY LUNA, pipe-laying vessels and merchant ships. Lloyd Werft also completed the conversions of a number of vessels including the dieselization of the QE2 for Cunard Line.

Peter Knego

Peter Knego

Having documented over 400 passenger ships and taken more than 200 cruises, MaritimeMatters’ co-editor Peter Knego is a leading freelance cruise writer, a respected ocean liner historian and frequent maritime lecturer both on land and at sea.  With his work regularly featured in cruise industry trades and consumer publications.  Knego also runs the www.midshipcentury.com website which offers MidCentury cruise ship furniture, artwork and fittings rescued from the shipbreaking yards of Alang, India.  He has produced several videos on the subject, including his latest, The Sands Of Alang and the best-selling On The Road To Alang."
Peter Knego

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