German shipyard Flensburger Schiffbau-Gesellschaft (FSG) has reiterated its determination to secure fresh orders after its new owner completed its takeover.
Tennor Holdings, controlled by financial investor Lars Windhorst, took formal control on 1 September.
It has retained 350 of 650 staff.
"In order to continue the restructuring process started in the insolvency proceedings, the new managing directors Stefan Kindler and Tarek Malak, who were seconded by Tennor Holding, will further build up the organisation," FSG said.
Talks are ongoing to bring in other experienced managers as well.
Civil and military orders targeted
"Their task will be to give the FSG a strategic orientation and to win further shipbuilding contracts in order to fill the shipyard...with civil and military newbuildings," the yard added.
But there was no mention of an expected order for two ro-ros from companies belonging to Windhorst that TradeWinds revealed at the start of August.
"We are looking towards the future and will do everything to ensure that the process of building the two ro-ro ships commissioned by Tennor is successful and to win further bids for the shipyard," FSG managing director Martin Hammer had said at the time.
"The signs from the industry are positive, because the shipping companies are aware of the high quality of our ships."
FSG applied for self-administration in April after experiencing delays to its orders.
The yard was placed in debtor-in-possession management under the oversight of an insolvency monitor.
