Fincantieri wins 2.1 bln Euro Order from MSC Cruises

Posted by Joseph Keefe
Thursday, May 22, 2014

Italian state-controlled shipmaker Fincantieri has signed a contract with MSC Cruises to build two cruise ships with an option for one more in a deal worth a total 2.1 billion euros ($2.87 billion), the companies announced on Thursday.

The two new ships, with a gross tonnage of 154,000 tons and capacity to accommodate up to 5,300 passengers and 1,413 crew, will cost 700 million euros each, they said in a statement.

The first vessel will be delivered in November 2017, with the second due in May 2018.

Fincantieri is expected to list a stake of around 50 percent as the government reduces its holding as part of its efforts to cut Italy's huge public debt.


Reporting By James Mackenzie

Maritime Reporter June 2014 Digital Edition
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