Pella Sietas

Pella Sietas is a shipbuilding company in Neuenfelde, Cranz, west-south area of Hamburg. The company is from the insolvent traditional J.J Sietas KG Schiffswerft GmbH u. Co. emerged. The company's headquarters is located in the estuary of Este river at Unterelbe.HistoryThe until November 2013 oldest still existing shipyard in Hamburg was founded in 1635, making it one of the oldest industry of the city. From the inception, the company was continuously owned by the family and was out until early 2009 in the ninth generation. In the early years were mainly boats built of wood, later followed Briggs and other types of ships. In Early 20th century, production was continuing shifted from wood to steel. Since the 1950s, was built on the shipyard, Ships in sectional construction. Primarily small to medium-sized, in recent years container vessels were built.After the shipyard was experiencing financial difficulties due to rising steel prices, the rapid fall in rates for container ships and incorrect calculation of costs, the largest creditor of the shipyard, HSH Nordbank in early March 2009 had a new management, first performed by non-family member since 1635.