The forerunner of 2×1 HOLDING CAPE MIDIA SHIPYARD, Marea Neagra Shipyard, first became operational in 1987 under state ownership. In 1999, the shipyard was fully privatizated, leading to the establishment of 2×1 HOLDING CAPE MIDIA SHIPYARD.
For more than 17 years, our shipyard has been a leading ship repair facility in the region. Now we are even better. We have improved equipment, expanded our work force, reduced costs, increased productivity. Currently we are among the most competitive yards in the area.