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New German-Finnish shipyard moving closer

The family-owned German shipbuilder Meyer is locked in advanced negotiations with the Finnish government to acquire STX Europe’s shipyard in Turku. The parties seem close to reaching an agreement.

Photo: PRESSEFOTO STX

Following the collapse of STX Europe, leading to the closing of the major Finnish yard in Rauma, the Finns have put their faith in Meyer Werft, a German company located close to the Dutch border, hoping it would come to the rescue of STX’s other major yard in Turku.

And according to the family-owned German shipbuilder, negotiations with the Finnish state are coming along quite well.

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