German shipbuilder Nordseewerke Emden Shipyard (NES) had filed for insolvency as its deal to provide cruiseship hull blocks for Meyer Werft ends.
A spokesman for the district court in Aurich confirmed the Wednesday move to Gottinger Tageblatt.
NES has 80 workers. Former owners of the site had declared the yard insolvent in 2012 and 2015.
The current incarnation was founded after the second bankruptcy.
It had a deal in place until the end of August to provide ship sections to compatriot yard Meyer Werft.
But the report cited a Meyer Werft spokesperson as saying Meyer Werft did not want to extend the contract due to "substantial problems" with the partnership and timely deliveries.
NES has been contacted for comment.
Lower Saxony's economics minister Bernd Althusmann said he saw a good chance that the company could survive and safeguard jobs.
Troubled history
The yard belonged to Thyssenkrupp until 2010, when it was taken over by Schaaf Industrie.
After a bankruptcy in 2012, DSD Steel took over 240 of about 700 workers.
The Meyer Werft agreement was inked in 2016 after NES came out of the 2015 bankruptcy proceedings under the ownership of private equity company Beaufort Capital.
NES was to supply between 13 and 15 hull block sections of 300 tons to 500 tons annually from its yard at the mouth of the Ems River in northwest Germany, downstream of Meyer Werft’s Papenburg facility for its cruiseship projects.
Local Emden engineering company Dirks linked up with NES on the project. The joint venture company supplying the hull blocks was named Ems Shipbuilding.
