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2 clusters · 11 sources · 9 days · First seen · Last updated

MSC potential acquisition of Meyer Werft

Overview

Swiss container liner MSC has entered preliminary discussions to acquire an approximately 80.73 per cent stake in the German shipbuilder Meyer Werft. This potential acquisition would grant MSC control over facilities in Papenburg and Rostock, while the Meyer family would likely retain a 20 per cent stake. The move is viewed as a vertical integration strategy for MSC to secure construction capacity and access to green technologies.

Parallel to these investment discussions, Meyer Werft has joined the H2MASS (Hydrogen for Cruise Shipping) project. This research initiative, involving partners such as Carnival Maritime GmbH and Helmholtz-Zentrum Hereon, focuses on developing metal hydride hydrogen storage systems to provide climate-friendly energy for large passenger ships during port stays.

Entities

Meyer Werft · MSC · Helmholtz-Zentrum Hereon · Carnival Maritime GmbH · MSC Cruises

Timeline

  1. [BUSINESS] 6 sources
    Meyer Werft explores MSC Cruises investment and hydrogen energy project

    MSC Cruises is reportedly seeking an equity stake in German shipyard Meyer Werft, while the shipbuilder has also launched the H2MASS project to develop hydrogen energy systems for cruise ships.

  2. [BUSINESS] 6 sources
    MSC considers acquiring stake in German shipbuilder Meyer Werft

    MSC is in preliminary talks to acquire an 80.73% stake in German shipbuilder Meyer Werft from the German government and Lower Saxony.

Sources

anbord.de · bairdmaritime.com · businessday.ng · chriscruises.com · cyprusshippingnews.com · hydrogen-central.com · panrotas.com.br · portalcruceros.cl · portalportuario.cl · robbreport.mx · shippingherald.com