PACIFIC MARITIME MAGAZINE
Big Changes Coming to German Shipbuilding
By Eugene Gerden
The German shipbuilding industry is on the verge of big changes, due to a new development strategy recently approved by the national government.
The new strategy, known as the National Master Plan for Marine Technology (NMMT), is expected to significantly increase the volume of German shipbuilding and to raise Germany’s worldwide visibility in the marine and on-board equipment industry. German chancellor Angela Merkel is personally overseeing the government’s implementation of the strategy. MORE