Marine Link
Thursday, March 28, 2024
SUBSCRIBE

Corriere Della Sera News

06 Mar 2024

Fincantieri in Talks to Buy Leonardo's Submarine Unit Wass

© Franco Nadalin / Adobe Stock

Italian shipbuilder Fincantieri is in talks with Leonardo to buy the defense group's submarine unit Whitehead Alenia Sistemi Subacquei (Wass), several newspapers reported on Wednesday.Spokespersons for Fincantieri and Leonardo both declined to comment.The acquisition would have a value of between 200 and 300 million euros ($217-$326 million), Corriere della Sera and financial daily Il Sole 24 Ore reported.The move by Fincantieri would be part of the group's broader strategy to grow non-organically and focus more on the defence sector…

14 Feb 2019

French Minister says Government Backs Fincantieri's Deal

The French government is in favour of Italian shipbuilder Fincantieri's acquisition of rival Chantiers de l'Atlantique, foreign minister Jean-Yves Le Drian told the newspaper Corriere della Sera in an interview."It's a good deal ... As far as the French government is concerned, we're in favour of this accord," Le Drian said.(Reporting by Valentina Za, editing by Larry King)

29 Oct 2018

Leonardo CEO: Fincantieri JV to Favor Talks with France

A joint venture signed between defense company Leonardo and shipbuilder Fincantieri will favor Italy's talks with France over a military shipbuilding deal, Leonardo CEO told Corriere della Sera on Monday.Earlier this month the two Italian companies sealed a deal over the development of combat systems, strengthening their cooperation in the naval sector.Separately, Fincantieri and French state-controlled shipyards Naval Group last week announced a joint venture for warship projects, moving closer to a broader alliance between the two countries on military shipbuilding.Leonardo, which supplies combat systems and other equipment for military ships, is expected to take part in the alliance, but its role has been repeatedly questioned as its competences overlap with France's Thales, which owns

01 Aug 2017

France Wants Private Shareholder for STX

France: Italy's Fincantieri best option. France wants a private investor for the STX France shipyards and Fincantieri is the best option but the government will be forced to consider other alternatives should negotiations with the Italian shipbuilder fail, the French Finance Minister said on Tuesday in an Italian paper. "The (STX) Saint Nazaire shipyards must not be directed by the French State. We want a private shareholder and Fincantieri today is the best industrial group to join this big European and Franco-Italian project," Bruno Le Maire told daily il Corriere della Sera in an interview. Le Maire, who will reopen talks with Italy on Tuesday…

27 Jul 2017

Italy Mulls Deployments in Libyan Waters

Tripoli government invited Italy into its waters; some 600,000 boat migrants have come to Italy since 2014. Italy intends to deploy several ships in Libyan waters by the end of August to fight human trafficking and stem a flood of immigrants, a government source said on Thursday. A mission plan should be brought to the Cabinet for approval on Friday, and the necessary parliamentary vote to endorse it may be held next week, the source said. "The exact number of ships and sailors is still being worked out," said the source. If parliament approves, the mission might begin "by the end of August", he said. Prime Minister Paolo Gentiloni met with military chiefs and ministers on Thursday to discuss "security, immigration and the Libyan situation", according to a statement.

04 Jul 2012

'Costa Concordia' Safety Violations Identified

Not all of the Costa Concordia’s control systems were working. But the most serious anomaly, according to the experts’ findings, concerns the 'black box' (Voyage Data Recorder') which had not been working since 9 January, four days before the shipwreck that cost thirty-two lives. Experts appointed by the court of Grosseto put this in their report, also pointing out that they had only been able to examine data from the ship’s computer. They had to work on incomplete evidence since no data at all was recorded after 11.36 pm on 13 January. This means that most of the evacuation of the ship took place “in the dark”. They were also unsure whether data recorded on the computer, rather than on the malfunctioning 'black box', had been interferred with in some way.