Following the takeover by Flensburger Schiffbau-Gesellschaft (FSG), Nobiskrug shipyard will enter the final outfitting phase of a major project.
The yacht's completion planned for mid-2022 will also include handcrafted interior outftting and coating works on the hull.
CEO Philipp Maracke was delighted to announce the yacht builder's progress.
“The contract signing marks another major step towards achieving set goals for Nobiskrug."
He continued: “It also underlines the yacht owner’s appreciation of our expertise in superyachts.”
Speculation has arisen regarding the signing of the contract and it is thought by some likely to be either Project 794, Project 795 or Project Black Shark that will be delivered as a consequence of the deal.
The owner’s representative Scott Wightman from Motor Yacht Build ltd have formed a very strong connection with the shipyard's team according to Nobiskrug's CEO.
"A project of this kind relies particularly on the mutual efforts and commitment of the shipyard and the owner," said Marracke.
"After taking over the shipyard, we established an extremely trusting and cooperative relationship within a very short time."