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Genting’s problems drive MV Werften into bankruptcy

MV Werften’s cruise ship Global Dream: overdrawn on financing

The bad news arrived on Monday afternoon: The German shipyard MV Werften in Mecklenburg-Western Pomerania has to file for bankruptcy. For days, the federal government and the state government of Mecklenburg-Western Pomerania had been looking for a way to resolve the messy situation with the owner of MV Werften. But no solution could be found with Genting Hong Kong Ltd.

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