Meyer Turku downgrades output plans, cuts jobs

Finnish shipbuilder Meyer Turku has announced that it is halting plans to expand the shipyard’s annual production capacity from one to two large ships. The yard had planned to ramp up to the higher production level until 2023.

Meyer Turku is lowering output plans to one large cruise ship per year as part of measures to secure "a sustainable future for Finnish cruise ship building", ceo Jan Meyer said.

Finnish shipbuilder Meyer Turku has announced that it is halting plans to expand the shipyard’s annual production capacity from one to two large ships. The yard had planned to ramp up to the higher production level until 2023.