Rheinmetall and MSC Agree to Buy Romanian Mangalia Shipyard
Rheinmetall and Swiss shipping company Mediterranean Shipping Co. agreed to buy the shipyard. Rheinmetall said it would develop the site for both civil and military use.
By Michael HennesseyRheinmetall said it and Swiss shipping company Mediterranean Shipping Co. agreed to buy the Romanian Mangalia shipyard for 138 million euros ($155.1 million).The German defense group said Monday that the shipyard would be developed as a dual-use location for both civil and milit…