German Naval Yards Holdings

Under the umbrella of GNYH, the three neighbouring shipyards operate under joint management and administration with the aim to use their facilities complementarily.

GNY Kiel possesses the largest dry dock in the Baltic Sea region (426 meters length) as well as a crane with a lifting weight of up to 900 tons.

The foundation for the German shipyard group was laid in 2009, when Privinvest purchased Nobiskrug, at the time realised via the Abu Dhabi MAR Holding.

The roots of German Naval Yards Kiel lie in the civil vessel activities of Howaldtswerke-Deutsche Werft.

The group explained this name with its focus on naval shipbuilding and the complete takeover of ownership of the three yards by Privinvest.