However, after the shipyard failed to obtain a 50 million euro emergency loan from the Finnish Government and the contract for the world's largest cruise ship was awarded to STX France, there was a danger that the Turku shipyard could face bankruptcy unless it could quickly re-negotiate funding for the vessels, the first of which had been laid down on 12 December 2012 under the name "Newbuilding 1383".
The South Korean parent company, STX Offshore & Shipbuilding, would also participate in the funding and the client, TUI Cruises, agreed on more flexible payments.
[8] However, due to the looming liquidity crisis of STX Corporation later in the spring, the funding of the newbuildings as well as the future of the whole shipyard seemed again uncertain.
[9] The crisis was finally solved when STX Finland sold its shares of Aker Arctic Technology Inc to the state-owned Finnish Industry Investment for 9.3 million euro in December 2013.
[17] Mein Schiff 3 began her maiden voyage from Hamburg to Palma de Mallorca on 13 June 2014.