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[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
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10 days ago
[BUSINESS] 4 sourcesMeyer Werft reports construction progress on Disney BelieveMeyer Werft has undocked a new hull section for the Disney Believe cruise ship in Papenburg, marking continued progress toward its scheduled late 2027 delivery.
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about 1 month ago
[BUSINESS] 2 sourcesMeyer Werft reports reduced annual loss to 384 million eurosMeyer 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