MSC joins Rheinmetall in €138m Romanian shipyard takeover

Mediterranean Shipping Co (MSC) has been confirmed as a joint buyer of Romania’s bankrupt Mangalia shipyard, teaming up with German defence giant Rheinmetall in a €138m deal to revive one of Europe’s largest shipbuilding facilities. As Splash reported last week, Rheinmetall secured the Black Sea yard at auction, but today’s announcement confirms that the Aponte-controlled … Read full article →