Flensburger Schiffbau-Gesellschaft is a Germanshipbuilding company located inFlensburg. The company trades asFlensburger and is commonly abbreviatedFSG.
Share of the Flensburger Schiffsbau-Gesellschaft, issued 8 June 1900[1]
Flensburger Schiffbau-Gesellschaft was founded in 1872 by a group of five localshipowners who previously had all theirsteamboats built inEngland as most German shipowners did in the 19th century.[2]
The first ship, the irontall shipDoris Brodersen, was delivered to one of the founding partners in 1875. The cargo steamerSeptima was commissioned a year later.[2]
View of the FSG shipyard, 2007. The ship lying on pier is theCoastal Renaissance, built forBC Ferries
Flensburger was acquired byEgon Oldendorff in March 1990 and then sold to the management in December 2008.[3]
In February 2019, Lars Windhorst's Sapinda Holding[4][5] acquired a 76% stake in the company and saved it from potential bankruptcy after the shipyard ran into financial difficulties due to multiple delays in the construction of the W. B. Yeats.[6] The full takeover of the shipyard was ultimately completed in August 2019 by the aforementioned holding company, which has since been renamed Tennor Holding B.V.
There was also a delay of several months in the subsequent construction of the Honfleur, which was due to be delivered in 2019. As a result of the delays, in February 2020 Flensburger Schiffbau-Gesellschaft and the Australian TT-Line Company terminated the contract concluded in 2018[7][8] for the construction of two ferries (construction numbers 778 and 779)[9] with planned delivery in 2021.[10][11]
Since 1 September 2020, the shipyard is owned by the Tennor Group, controlled byLars Windhorst. Subsequently, in August 2021 FSG acquired the neighboringNobiskrug superyacht shipyard, located inRendsburg.[12]
In December 2024 the company filed for bankruptcy.[13]
