Independent journal on economy and transport policy
11:27 GMT+2
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SHIPYARDS
MSC is in talks to acquire control of the German shipbuilding group Meyer Werft
Currently, 80.73% of the capital is held by the German Federal Government and the Land of Lower Saxony
New York
September 21, 2026
The Mediterranean Shipping Company (MSC) shipping group of
Geneva, which is active in the shipping sector
mainly in the container and cruise segments
and ferries as well as in logistics and
terminal areas, could expand its range
shipyards with the acquisition of control of the
German shipbuilding group Meyer Werft. The press agency
"Bloomberg" has announced that MSC is currently in
negotiations to acquire approximately 80% of the share capital
of the Papenburg-based company.
"Bloomberg" specified that the negotiations are
in the preliminary phase and could end without an agreement
between the parties, and specified that there is also the possibility
that other potential buyers come forward.
Until two years ago owned by the Meyer family,
hit by a severe financial crisis aggravated by the effects of the
Covid-19 pandemic on the cruise sector in 2024 80.73%
of the German shipyard's capital was acquired by the
German Federal Government and the Land of Lower Saxony which have
invested 400 million euros for the relaunch of the company's business
(
of 17
September 2024).
Currently, MSC Cruises and Meyer Werft have agreements in place
signed at the end of 2025 for the construction of four
cruise of the new "New Frontier" class plus
two options that are still waiting to be formalized in contracts
(
of 15
December and 24
June 2026).
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