C-Job Naval Architects and Meyer Group have entered into a strategic partnership which sees Meyer acquiring a 50% stake in C-Job.
Meyer Group, which is an international consortium that includes Meyer Werft’s three shipyards in Papenburg, Rostock and Turku, said the move will solidify its focus on sustainable solutions and allow it to diversify its portfolio.
“C-Job and Meyer share the common vision to make shipping sustainable in the near future. We always want to offer the best and tailor-made engineering solutions, both for newbuilds and for the transformation of the existing fleet,” said Malte Poelmann, CTO at MEYER Group.
“As strategic partners we will be able to push the boundaries for sustainable solutions in the maritime industry.”
Strategic move
Meyer Group recently expanded its operations with Meyer RE, which offers shipping companies solutions to maximise their vessel’s lifecycle sustainability, from development and build, right through to operational support and finally end-of-life recycling.
The strategic alliance between the two companies will allow Meyer Group to utilise C-Job’s knowledge of and experience in applying renewable fuels to its portfolio, focusing on cruise vessels in particular.
C-Job is an independent ship design and engineering company that operates worldwide with offices across five countries.
At the forefront of alternative fuels research, it was one of the forerunners in the use of ammonia as a marine fuel and spearheading the use of other renewable fuels, such as methanol.
Last year it unveiled a brand-new class of liquid hydrogen tanker powered by hydrogen fuel cells.
“In 2020 we vocalised our vision for a sustainable maritime industry within one generation. In Meyer, we have found a like-minded organisation that shares this vision and wants to achieve this together. I have no doubt we will do great things together that complement and continue to build on what C-Job has achieved so far,” said Basjan Faber, CFO and co-founder of C-Job Naval Architects.
