Volkswerft (german: Volkswerft Stralsund GmbH) is a

shipyard A shipyard, also called a dockyard or boatyard, is a place where ships are built and repaired. These can be yachts, military vessels, cruise liners or other cargo or passenger ships. Dockyards are sometimes more associated with maintenance a ...

in the Hanseatic city of

Stralsund Stralsund (; Swedish: ''Strålsund''), officially the Hanseatic City of Stralsund (German: ''Hansestadt Stralsund''), is the fifth-largest city in the northeastern German federal state of Mecklenburg-Western Pomerania after Rostock, Schwerin, Neub ...

on the Strelasund. It is part of the German Hegemann-group. The Volkswerft was founded in 1948 as ''Ingenieurbau Ges.m.b.H.''. On April 25 the first trawler was delivered and on June 15, 1948 the ''

VEB VEB may stand for: * Venturing and Emerging Brands, a division of Coca-Cola * Virtual business * Venezuelan , currency of Venezuela between 1879 and 2007, ISO 4217 code VEB * ' (German for "People-owned enterprise"), a state-owned workplace or est ...

Volkswerft Stralsund'' was registered. From 1948 till 1953 the shipyard produced 196 ships, all of them to be used for reparation payments to the Soviet Union. In the following years, the Volkswerft produced trawlers for the Soviet and other fleets. In October 1957, the first ship built for a fleet not pertaining to the

Eastern Bloc The Eastern Bloc, also known as the Communist Bloc and the Soviet Bloc, was the group of socialist states of Central and Eastern Europe, East Asia, Southeast Asia, Africa, and Latin America under the influence of the Soviet Union that existed du ...

was delivered to Iceland. In 1973, Lloyd's of London saw the Volkswerft as number one in the production of trawlers worldwide. After 1990, the Volkswerft was privatized two times, first as ''Volkswerft Stralsund GmbH'' becoming part of the Vulkan-Gruppe (

Bremen Bremen (Low German also: ''Breem'' or ''Bräm''), officially the City Municipality of Bremen (german: Stadtgemeinde Bremen, ), is the capital of the German state Free Hanseatic City of Bremen (''Freie Hansestadt Bremen''), a two-city-state consis ...

) in 1993. In 1998 it became part of the Maersk group, Maersk having paid 25 million DM to the Treuhand. The yard is completely modernized by now, including a large shipbuilding hall and a 230 m (now 275 m length) ship lift to launch the ships. Container ships (2,500 class) are produced for the Mærsk fleet. They have a size of 2,900-3,000 TEU. Supply vessels and cable-laying vessels are also produced. In 2016, the yard was purchased by

Genting Hong Kong Genting Hong Kong Limited ( zh, 雲頂香港有限公司) was a holding company that operated cruise and resort businesses. It was headquartered in (海洋中心), Tsim Sha Tsui, Hong Kong and listed on the Hong Kong Stock Exchange (). It was p ...

and folded into the newly formed MV Werften group with two other German shipbuilders.

References

{{Coord, 54, 18, 03, N, 13, 06, 27, E, region:DE-MV_type:landmark, display=title Shipbuilding companies of Germany Volkseigene Betriebe Stralsund Companies based in Mecklenburg-Western Pomerania Maersk Manufacturing companies established in 1945 1945 establishments in Germany Shipyards of Germany