Meyer Turku Ups Investment Package to USD 185 Mn

Image Courtesy: Meyer Turku

Finnish shipbuilder Meyer Turku is more than doubling its investments to EUR 185 million (USD 220.6 million) from the previously planned EUR 75 million.

The new investments include a new plate cutting line, a new profile cutting line and a new panel line to the steel halls of the shipyard.

These new investments will be ready by end of 2018/start of 2019 and will boost the steel production of the shipyard in order to fulfil the record breaking order book reaching to 2024, Meyer Turku said.

“We are rebuilding Turku shipyard into a modern ship assembly factory. After these investments we will have one of the world’s most modern steel productions that will enable the ramp-up of our production,” Mika Heiskanen, Head of steel production of Meyer Turku, said.

The shipbuilder’s earlier investment package of EUR 75 million, unveiled in August 2016, included a new steel storage and pre-treatment facility, which were expected to increase the steel pre-treatment capacity, improve dimensional accuracy and increase productivity, the shipbuilder informed at the time.

Share this article

Follow World Maritime News

In Depth>

Events>

<< Sep 2017 >>
MTWTFSS
28 29 30 31 1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 29 30 1

BWMTech North America

Are you operating to international standards? Clarify regulations. Plan BWMS integration…

read more >

NEVA 2017

The diversity of the Conference Programme is well-rounded by a broad spectrum of topics including Commercial Shipbuilding, Offshore and Marine…

read more >

LIQUEFACTION OF BULK CARGOES SEMINAR

GET TO GRIPS WITH:
– Mechanisms behind liquefaction
– Guidelines and regulations for bulk cargoes prone to liquefaction…

read more >

Seatrade Offshore Marine & Workboats Middle East

The largest event for offshore marine and workboat sectors in the region, Seatrade Offshore Marine & Workboats Middle East will, once again, serve as a meeting point for international industry professionals to come together and do business. Our 2017 show promises a wealth of networking opportunities, high-level discussions in our conferences on important industry trends, […]

read more >