EuropeOctober 19, 2026

Rheinmetall and MSC Win Romania's Mangalia Shipyard

Rheinmetall and Swiss shipping firm MSC won the auction for the bankrupt Black Sea yard for about 138 million euros and plan to build naval vessels there alongside civilian work.

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Satellite imagery: NASA’s Global Imagery Browse Services (GIBS), part of NASA’s Earth Science Data and Information System (ESDIS). AI-assisted & editor-monitored.