Genting Hong Kong, which earlier today announced the completion of the acquisition of Nordic Yards’ three shipyards in Germany, said it will sign a multi-ship order with Lloyd Werft Group, its shipbuilding division that also includes the earlier acquired Lloyd Werft.

“Tan Sri Lim, Chairman of Genting Hong Kong will be signing a significant new multi-ship order with the Lloyd Werft Group on 10th May and these orders will help support the German and European shipbuilding industrial sector and employment during the current shipbuilding downturn,” said Rüdiger Pallentin, Managing Director of Lloyd Werft, in a statement.

“To support the new shipbuilding program, Mr. Hui Lim, Executive Director - Chairman's Office and Chief Information Officer of Genting Hong Kong will open the new “Lloyd Werft Design Center” in Bremerhaven on 9th May, which will house more than 250 designers, and Edie Rodriguez, President and CEO of Crystal Cruises, will officiate at the steel cutting ceremony for the Crystal river ships also on 9th May.”

Genting Hong Kong has said earlier it plans to order three river yachts, a 25,000 gross ton expedition yacht and three 100,000 gross ton luxury cruise ships for its Crystal Cruises luxury market unit at Lloyd Werft.