The insolvent shipyards owned by Lars Windhorst in Schleswig-Holstein are set to be taken over by new investors. The appointed administrators have presented two buyers, while Windhorst has made a last-minute offer in an attempt to regain control.
According to preliminary insolvency administrator Christoph Morgen, the Heinrich Rönner Group from Bremerhaven will acquire the Flensburger Schiffbau-Gesellschaft (FSG). Work at the shipyard is expected to resume shortly, focusing on completing a ferry for the Australian shipping company SeaRoad. The vessel has been docked for an extended period. The Nobiskrug shipyard in Rendsburg, meanwhile, will be taken over by the Lürssen Group from Bremen, as confirmed by preliminary insolvency administrator Hendrik Gittermann.

Both shipyards are currently owned by Windhorst’s Tennor Group. Windhorst entered the Flensburg shipyard in 2019 and later acquired the Rendsburg facility. Over time, both shipyards reportedly struggled with financial difficulties, leading to complaints from employees about a lack of orders and materials. Insolvency proceedings were initiated after social security providers filed claims over unpaid contributions. The administrators also discovered over 150 official notices in the offices, including enforcement orders and court documents.
Despite the planned takeovers, Windhorst has not abandoned efforts to retain the shipyards.
Credits: Yacht Harbour archive