May 7, 2026

    German industrial conglomerate Rheinmetall has confirmed it is in discussions with MSC Mediterranean Shipping Company regarding a joint acquisition of the bankrupt Mangalia shipyard in Romania, according to a report published on May 5, 2026, by The Maritime Executive. The report states that approximately one year ago, MSC had indicated interest in the yard as Romanian authorities began reorganizing its operations.

    Romanian government officials are reportedly negotiating a deal under which Rheinmetall and MSC would obtain majority ownership of the yard, while the government would retain a minority investment stake. The shipyard, which had been subject to insolvency proceedings and a planned reorganization, was declared bankrupt last month.

    Rheinmetall, primarily recognized for its military equipment and security systems, recently entered the shipbuilding sector by announcing it would acquire NVL shipyards from the Lurssen Group. That yard supports the German Navy, and the acquisition was viewed as a means to expand the company’s systems integration capabilities in naval warfare. Recent reports have linked Rheinmetall with a four-ship order for Romania, comprising two offshore patrol boats.

    In a statement released on May 5, 2026, Rheinmetall indicated that acquiring the Mangalia shipyard would extend beyond the four-ship contract and would offer an opportunity to bolster the future of Romanian shipbuilding while establishing a foothold in the defense industry. The company said its plan envisions resuming shipyard operations and expanding from the four vessels to a scale where Romania could become a major European production hub for shipbuilding. It added that the yard could eventually grow in the long term to employ several thousand people. Rheinmetall described the revitalization of the Mangalia shipyard as strategically important, stating that resuming operations is expected to have significant positive effects on the region by contributing to the stability and development of the local business environment.

    Romanian media has reported that the government has moved to take over the yard’s assets, which had been held in a joint venture where the government was the majority investor and Damen owned 49 percent. Mangalia was originally established by the government in 1976, became a partnership with South Korea’s Daewoo Shipbuilding & Marine Engineering in 1997, and was taken over by Damen in 2018. The yard closed in 2024 after Damen notified the government of its intent to terminate the joint venture. Damen is reported to be the yard’s largest creditor.

    The insolvency court recently valued the yard at EUR 87 million (approximately $102 million). Under new legislation, the government could reclaim the yard by paying no more than its liquidation value.

    Romania’s Defense Minister has said the plan calls for the government to contribute the land and assets of the yard to the new partnership with Rheinmetall and MSC. Rheinmetall would develop the defense shipbuilding operation, while MSC would participate as the partner specializing in commercial shipbuilding. Last year, MSC wrote to the government stating it was looking to diversify its shipbuilding and repair relationships. It proposed starting with ship repair and progressing to building commercial vessels, including future construction of cruise ships, ropax ferries, and tugboats. The company offered to pay in advance for repair work to provide the yard with funds for rehiring employees.

    1. 1. INTRODUCTION

      Making Data-Driven Decisions to Grow Your Business

      1. REPORT DESCRIPTION
      2. RESEARCH METHODOLOGY AND THE AI PLATFORM
      3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
      4. GLOSSARY AND SPECIFIC TERMS
    2. 2. EXECUTIVE SUMMARY

      A Quick Overview of Market Performance

      1. KEY FINDINGS
      2. MARKET TRENDS This Chapter is Available Only for the Professional EditionPRO
    3. 3. MARKET OVERVIEW

      Understanding the Current State of The Market and its Prospects

      1. MARKET SIZE: HISTORICAL DATA (2012–2025) AND FORECAST (2026–2035)
      2. CONSUMPTION BY COUNTRY: HISTORICAL DATA (2012–2025) AND FORECAST (2026–2035)
      3. MARKET FORECAST TO 2035
    4. 4. MOST PROMISING PRODUCTS FOR DIVERSIFICATION

      Finding New Products to Diversify Your Business

      1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
      2. BEST-SELLING PRODUCTS
      3. MOST CONSUMED PRODUCTS
      4. MOST TRADED PRODUCTS
      5. MOST PROFITABLE PRODUCTS FOR EXPORT
    5. 5. MOST PROMISING SUPPLYING COUNTRIES

      Choosing the Best Countries to Establish Your Sustainable Supply Chain

      1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
      2. TOP PRODUCING COUNTRIES
      3. TOP EXPORTING COUNTRIES
      4. LOW-COST EXPORTING COUNTRIES
    6. 6. MOST PROMISING OVERSEAS MARKETS

      Choosing the Best Countries to Boost Your Export

      1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
      2. TOP CONSUMING MARKETS
      3. UNSATURATED MARKETS
      4. TOP IMPORTING MARKETS
      5. MOST PROFITABLE MARKETS
    7. 7. PRODUCTION

      The Latest Trends and Insights into The Industry

      1. PRODUCTION VOLUME AND VALUE: HISTORICAL DATA (2012–2025) AND FORECAST (2026–2035)
      2. PRODUCTION BY COUNTRY: HISTORICAL DATA (2012–2025) AND FORECAST (2026–2035)
    8. 8. IMPORTS

      The Largest Import Supplying Countries

      1. IMPORTS: HISTORICAL DATA (2012–2025) AND FORECAST (2026–2035)
      2. IMPORTS BY COUNTRY: HISTORICAL DATA (2012–2025) AND FORECAST (2026–2035)
      3. IMPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2025) AND FORECAST (2026–2035)
    9. 9. EXPORTS

      The Largest Destinations for Exports

      1. EXPORTS: HISTORICAL DATA (2012–2025) AND FORECAST (2026–2035)
      2. EXPORTS BY COUNTRY: HISTORICAL DATA (2012–2025) AND FORECAST (2026–2035)
      3. EXPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2025) AND FORECAST (2026–2035)
    10. 10. PROFILES OF MAJOR PRODUCERS

      The Largest Producers on The Market and Their Profiles

    11. 11. COUNTRY PROFILES

      The Largest Markets And Their Profiles

      This Chapter is Available Only for the Professional Edition
      PRO

      1. 11.1

        United States

        • Market Size
        • Production
        • Imports
        • Exports
      2. 11.2

        China

        • Market Size
        • Production
        • Imports
        • Exports
      3. 11.3

        Japan

        • Market Size
        • Production
        • Imports
        • Exports
      4. 11.4

        Germany

        • Market Size
        • Production
        • Imports
        • Exports
      5. 11.5

        United Kingdom

        • Market Size
        • Production
        • Imports
        • Exports
      6. 11.6

        France

        • Market Size
        • Production
        • Imports
        • Exports
      7. 11.7

        Brazil

        • Market Size
        • Production
        • Imports
        • Exports
      8. 11.8

        Italy

        • Market Size
        • Production
        • Imports
        • Exports
      9. 11.9

        Russian Federation

        • Market Size
        • Production
        • Imports
        • Exports
      10. 11.10

        India

        • Market Size
        • Production
        • Imports
        • Exports
      11. 11.11

        Canada

        • Market Size
        • Production
        • Imports
        • Exports
      12. 11.12

        Australia

        • Market Size
        • Production
        • Imports
        • Exports
      13. 11.13

        Republic of Korea

        • Market Size
        • Production
        • Imports
        • Exports
      14. 11.14

        Spain

        • Market Size
        • Production
        • Imports
        • Exports
      15. 11.15

        Mexico

        • Market Size
        • Production
        • Imports
        • Exports
      16. 11.16

        Indonesia

        • Market Size
        • Production
        • Imports
        • Exports
      17. 11.17

        Netherlands

        • Market Size
        • Production
        • Imports
        • Exports
      18. 11.18

        Turkey

        • Market Size
        • Production
        • Imports
        • Exports
      19. 11.19

        Saudi Arabia

        • Market Size
        • Production
        • Imports
        • Exports
      20. 11.20

        Switzerland

        • Market Size
        • Production
        • Imports
        • Exports
      21. 11.21

        Sweden

        • Market Size
        • Production
        • Imports
        • Exports
      22. 11.22

        Nigeria

        • Market Size
        • Production
        • Imports
        • Exports
      23. 11.23

        Poland

        • Market Size
        • Production
        • Imports
        • Exports
      24. 11.24

        Belgium

        • Market Size
        • Production
        • Imports
        • Exports
      25. 11.25

        Argentina

        • Market Size
        • Production
        • Imports
        • Exports
      26. 11.26

        Norway

        • Market Size
        • Production
        • Imports
        • Exports
      27. 11.27

        Austria

        • Market Size
        • Production
        • Imports
        • Exports
      28. 11.28

        Thailand

        • Market Size
        • Production
        • Imports
        • Exports
      29. 11.29

        United Arab Emirates

        • Market Size
        • Production
        • Imports
        • Exports
      30. 11.30

        Colombia

        • Market Size
        • Production
        • Imports
        • Exports
      31. 11.31

        Denmark

        • Market Size
        • Production
        • Imports
        • Exports
      32. 11.32

        South Africa

        • Market Size
        • Production
        • Imports
        • Exports
      33. 11.33

        Malaysia

        • Market Size
        • Production
        • Imports
        • Exports
      34. 11.34

        Israel

        • Market Size
        • Production
        • Imports
        • Exports
      35. 11.35

        Singapore

        • Market Size
        • Production
        • Imports
        • Exports
      36. 11.36

        Egypt

        • Market Size
        • Production
        • Imports
        • Exports
      37. 11.37

        Philippines

        • Market Size
        • Production
        • Imports
        • Exports
      38. 11.38

        Finland

        • Market Size
        • Production
        • Imports
        • Exports
      39. 11.39

        Chile

        • Market Size
        • Production
        • Imports
        • Exports
      40. 11.40

        Ireland

        • Market Size
        • Production
        • Imports
        • Exports
      41. 11.41

        Pakistan

        • Market Size
        • Production
        • Imports
        • Exports
      42. 11.42

        Greece

        • Market Size
        • Production
        • Imports
        • Exports
      43. 11.43

        Portugal

        • Market Size
        • Production
        • Imports
        • Exports
      44. 11.44

        Kazakhstan

        • Market Size
        • Production
        • Imports
        • Exports
      45. 11.45

        Algeria

        • Market Size
        • Production
        • Imports
        • Exports
      46. 11.46

        Czech Republic

        • Market Size
        • Production
        • Imports
        • Exports
      47. 11.47

        Qatar

        • Market Size
        • Production
        • Imports
        • Exports
      48. 11.48

        Peru

        • Market Size
        • Production
        • Imports
        • Exports
      49. 11.49

        Romania

        • Market Size
        • Production
        • Imports
        • Exports
      50. 11.50

        Vietnam

        • Market Size
        • Production
        • Imports
        • Exports
    12. LIST OF TABLES
      1. Key Findings In 2025
      2. Market Volume, In Physical Terms: Historical Data (2012–2025) and Forecast (2026–2035)
      3. Market Value: Historical Data (2012–2025) and Forecast (2026–2035)
      4. Per Capita Consumption, by Country, 2022–2025
      5. Production, In Physical Terms, By Country: Historical Data (2012–2025) and Forecast (2026–2035)
      6. Imports, In Physical Terms, By Country: Historical Data (2012–2025) and Forecast (2026–2035)
      7. Imports, In Value Terms, By Country: Historical Data (2012–2025) and Forecast (2026–2035)
      8. Import Prices, By Country: Historical Data (2012–2025) and Forecast (2026–2035)
      9. Exports, In Physical Terms, By Country: Historical Data (2012–2025) and Forecast (2026–2035)
      10. Exports, In Value Terms, By Country: Historical Data (2012–2025) and Forecast (2026–2035)
      11. Export Prices, By Country: Historical Data (2012–2025) and Forecast (2026–2035)
    13. LIST OF FIGURES
      1. Market Volume, In Physical Terms: Historical Data (2012–2025) and Forecast (2026–2035)
      2. Market Value: Historical Data (2012–2025) and Forecast (2026–2035)
      3. Consumption, by Country, 2025
      4. Market Volume Forecast to 2035
      5. Market Value Forecast to 2035
      6. Market Size and Growth, By Product
      7. Average Per Capita Consumption, By Product
      8. Exports and Growth, By Product
      9. Export Prices and Growth, By Product
      10. Production Volume and Growth
      11. Exports and Growth
      12. Export Prices and Growth
      13. Market Size and Growth
      14. Per Capita Consumption
      15. Imports and Growth
      16. Import Prices
      17. Production, In Physical Terms: Historical Data (2012–2025) and Forecast (2026–2035)
      18. Production, In Value Terms: Historical Data (2012–2025) and Forecast (2026–2035)
      19. Production, by Country, 2025
      20. Production, In Physical Terms, by Country: Historical Data (2012–2025) and Forecast (2026–2035)
      21. Imports, In Physical Terms: Historical Data (2012–2025) and Forecast (2026–2035)
      22. Imports, In Value Terms: Historical Data (2012–2025) and Forecast (2026–2035)
      23. Imports, In Physical Terms, By Country, 2025
      24. Imports, In Physical Terms, By Country: Historical Data (2012–2025) and Forecast (2026–2035)
      25. Imports, In Value Terms, By Country: Historical Data (2012–2025) and Forecast (2026–2035)
      26. Import Prices, By Country: Historical Data (2012–2025) and Forecast (2026–2035)
      27. Exports, In Physical Terms: Historical Data (2012–2025) and Forecast (2026–2035)
      28. Exports, In Value Terms: Historical Data (2012–2025) and Forecast (2026–2035)
      29. Exports, In Physical Terms, By Country, 2025
      30. Exports, In Physical Terms, By Country: Historical Data (2012–2025) and Forecast (2026–2035)
      31. Exports, In Value Terms, By Country: Historical Data (2012–2025) and Forecast (2026–2035)
      32. Export Prices, By Country: Historical Data (2012–2025) and Forecast (2026–2035)

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