The company has seen demand for huge cruise ships or luxury mega-yachts dwindle as travel is still severely restricted during the COVID-19 pandemic, particularly in Asia.
FRANKFURT, Jan 10 German-based cruise ship builder MV Werften said it will file for bankruptcy today, as the coronavirus pandemic scuttled the subsidiary of Asian tourism and casino giant Genting. “The bankruptcy petition should be submitted today,” a spokesman for MV Werften told AFP.
German labour union IG Metall has called for strikes at aircraft maker Airbus and its unit Premium Aerotec amid a dispute over the business s future structure.. | December 1, 2021