The future of the FSG and Nobiskrug shipyards in Schleswig-Holstein hangs in the balance as they face insolvency.

Despite the financial turmoil, investor Lars Windhorst remains committed to preserving the shipyards and their jobs.

He has initiated discussions with insolvency administrators and proposed financial solutions, including a mass credit.

However, Windhorst's management has faced criticism for delayed salaries and unfulfilled promises, leading to a precarious situation for the workforce.

Schleswig-Holstein's Economic Minister, Claus Ruhe Madsen, expressed shock at the shipyards' dire state, highlighting unpaid wages and insurance.

The local government is exploring support options, emphasizing the strategic importance of the shipyards for national security.

As the situation unfolds, the shipyards' future remains uncertain, with hopes pinned on potential new opportunities post-insolvency.