Dutch control on Romanian shipyard
Damen Shipyards Group assumes operational control at Mangalia shipyard
Damen has successfully completed the transaction with Daewoo Shipbuilding & Marine Engineering (DSME) for the Mangalia shipyard, formerly known as Daewoo Mangalia Heavy Industries (DMHI). The yard, renamed Damen Shipyards Mangalia, will be operated as a joint venture with the Romanian Government and the Dutch shipbuilder has assumed operational control.
The shipyard is located on the Black Sea coast, has 3 drydocks with a total length of 982 metres and 1.6 kilometres of berthing space, with a width of 48 and 60 metres, to cater for larger maritime vessels and structures, offering the possibility for the construction and conversion of larger, high-end, and complex ferries, offshore construction vessels, etc.
The facility total area of 1 million sqm makes it the largest yard in the Dutch Group.
“The impressive shipyard facilities and in-depth shipbuilding knowledge and craftsmanship in Mangalia, in combination with the design and commercial power of Damen, should position the venture for a successful future” the newly appointed managing director Chris Groninger committed.
Damen’s presence in Romania is well established, since the company has owned and operated Damen Shipyards Galati since 1999. With this acquisition the group now operates 35 shipbuilding and repair yards, employing 12,000 people worldwide.