Spanish naval group Marina Meridional is seeking to reduce the gap with South Korea's HD Hyundai Heavy Industries in the race for the concession of the Casablanca shipyard, according to reports. The company operates the former Vulcano facilities in Vigo under the Astilleros San Enrique brand.
Marina Meridional is attempting to convert a mid-sized candidacy into a credible claim for the concession. The Casablanca shipyard project is part of Morocco's efforts to develop its naval industry.
HD Hyundai Heavy Industries, one of the world's largest shipbuilders, remains a leading contender for the concession. The competition highlights the strategic importance of the Casablanca shipyard for regional maritime capabilities.
Further details about the bidding process and timeline have not been confirmed. This story is developing and will be updated as more information becomes available.