Advances in the power electronics technologies, over the years, have opened up possibilities to consider mediumvoltage dc (MVDC) distribution network as a possible evolution of the existing medium-voltage ac (MVAC) distribution networks on large ships. MVDC distribution networks provide the possibilities to increase fuel efficiency and remove bulky transformers. However, to implement industrial scale MVDC distribution networks, some critical challenges exist, such as lack of standardised equipment, system-level stability, etc. This work studies the feasibility and stability of MVDC distribution networks when a distributed layout is considered. Due to the nature of the network, a multi input multiple output (MIMO) impedance stability approach is employed for modeling and assessment. The different components are modeled according to the existing industrial medium voltage technologies. The theoretical analysis is verified by full model time domain simulations. As a summary of the contribution, the main features of the proposed study are i) realistic identification of feasibility limits, ii) definition of design rules for capacitance sizing and best placement and iii) evaluation of distances for dc distribution cables and their corresponding inductances.