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Germany To Take Majority Stake In Meyer Werft Cruise Shipbuilder

What’s going on here? Germany and Lower Saxony are set to acquire about 80% of Meyer Werft, a major cruise shipbuilder, to ensure its stability.
What does this mean?
This move by the German government and Lower Saxony shows a strong commitment to preserving a key player in the global cruise shipbuilding industry. Meyer Werft, famous for its enormous cruise liners, is vital to the regional economy.
Full story Germany To Take Majority Stake In Meyer Werft Cruise Shipbuilder

Tags: Meyer Werft

Appeared first on: Latecruisenews.com

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