< Back to situations

Monitor this situation.

[SITUATION] · [QUIET] · [BUSINESS]

2 clusters · 6 sources · 23 days · First seen · Last updated

Meyer Werft shipbuilding and financial status

Overview

Meyer Werft has reported a reduction in annual losses for 2025, with the deficit decreasing to approximately 384 million euros from over 500 million euros in 2024. This improvement was supported by revenue doubling to 2.8 billion euros, driven by the delivery of cruise ships such as the Asuka III and Disney Destiny, as well as river cruise ship construction.

The company is looking to expand into the offshore converter platform market and maintains a strong order book through 2029. Recent operational updates include construction progress on the Disney Believe, with a new hull section recently undocked in Papenburg. The shipyard also announced a specialized fan event for October 2026 to provide technical insights into ongoing projects.

Entities

Disney Cruise Line · Meyer Werft · Papenburg · Viking Cruises · Disney Believe

Timeline

  1. 10 days ago

    [BUSINESS] 4 sources
    Meyer Werft reports construction progress on Disney Believe

    Meyer Werft has undocked a new hull section for the Disney Believe cruise ship in Papenburg, marking continued progress toward its scheduled late 2027 delivery.

  2. about 1 month ago

    [BUSINESS] 2 sources
    Meyer Werft reports reduced annual loss to 384 million euros

    Meyer Werft reduced its 2025 annual loss to approximately 384 million euros as revenue doubled to 2.8 billion euros, driven by major cruise ship deliveries and expansion into offshore renewables.

Sources

besucherzentrum-meyerwerft.de · kreuzfahrt-aktuelles.de · n-tv.de · panrotas.com.br · schiffe-und-kreuzfahrten.de · themainstreetmouse.com