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25 January 2020 The on-line newspaper devoted to the world of transports 02:34 GMT+1

July 12, 2019

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Joint venture of the navalmeccanico group German Meyer in Lithuania for the production of tubes

The initiative in order to tackle to the competition of the Chinese ship yards

The German ship yard Meyer Werft di Papenburg has constituted joint venture with the Stengel compatriot, with which it collaborates from years. The new society Meyer Stengel Tubes UAB has center to Vilnius, in Lithuania, and will be specialized in the realization of isometriche pipelines that beginning from the next year will be used in the three ship yards of Papenburg, Warnemünde and Turku of Meyer Werft.

The Meyer group has specified that this initiative has become necessary in order to tackle to the increase of the pressure on the costs that is consequence of the competition of the Chinese ship yards of state property that is more and more addressing their production towards specialized ships, included cruise ships, than up to now they were realized above all in Europe.

Moreover Meyer has remembered that, for the first time in its history, she is at the same time realizing over a year five destined international customer cruise ships and that this volume of orders demands an elevated manufacturing capacity of pipelines. In particular, the German group previews that within the 2022 question of isometriche pipelines of the Meyer yards it will increase approximately of 60% and it could not be satisfied from the current systems of production of tubes.

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