Nordseewerke was founded on March 11, 1903, and was one of the oldest among the still-existing shipyards in Germany. Shipbuilding was endedin 2010. Its successor is the Schaaf Industrie AG. The company builtmerchant ships of all categories, but also ships for the Kaiserliche Marineduring World War I, the Kriegsmarine later, and today's modern Deutsche Marine.
The shipyard has also constructed ships for use by other navies, such as the Kobben (Type 207) and Ula (Klasse 210)-class submarines for the Royal Norwegian Navy, which were built to operate in shallow, coastal waters.
In the past 20 years, submarines were also exported to South Africa, Argentina (TR-1700 class submarine), and Israel.