Following a meeting of the Privinvest board of directors, Nobiskrug, the German superyacht manufacturer, has announced that Holger Kahl will cease his involvement as managing director of the shipyard, effective 31 July 2019. Kahl will however continue to remain involved with Holding Company in an advisory capacity.

Kahl, a lawyer a naval architect by trade, joined Nobiskrug in 2005 when it was still part of tkMS. Kahl has also served as the co-managing director of German Naval Yards Kiel since 2011.

“After more than 10 years at the helm of the German shipyards Privinvest family, I am glad to increase my focus on other fields of business within the Privinvest group and to also follow up on my own projects,” comments Kahl.

"I am glad to increase my focus on other fields of business within the Privinvest group and to also follow up on my own projects."

“Our cooperation with Holger Kahl is evolving and we look forward to continuing our successful collaboration for the years to come,” adds Dieter Rottsieper, chief operating officer of Privinvest.

Kahl’s responsibilities of Lindenau Werft will be absorbed by Dr Bertram C. Liebler and Jörg Herwig, whil the management of German Naval Yards Kiel will be continued by Jörg Herwig and Philipp Maracke.

The managing board of Nobiskrug, which consists of Dr. Bertram C. Liebler and Johan Valentijn, will remain focussed on the development of the yachting business.

According to The Superyacht Agency, Nobiskrug has delivered seven superyachts since 2010, with its most prolific years in 2010 and 2012 when the German superyacht manufacturer delivered two vessels annually. Perhaps the most high-profile project during this period was the delivery of SY A in 2017. Nobiskrug expects to have delivered a single vessel in 2019 by the close of the year, with a further two projects scheduled for delivery in 2021.

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NOBISKRUG

SY A
NOBISKRUG 2015 2017 Delivered
142.81m 24.88m 8.00m 12588
PHILIPPE STARCK
PHILIPPE STARCK
NOBISKRUG

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