German Naval Yards Holdings is active in two main business fields: German Naval Yards Kiel (GNY Kiel) specialises in the design and construction of large naval vessels, such as frigates, corvettes and offshore patrol vessels;[REF] whereas Nobiskrug is a leading super-yacht builder [REF].
Under the umbrella of GNYH, the three neighbouring shipyards operate under joint management and administration with the aim to use their facilities complementarily.