Independent journal on economy and transport policy
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MSC Cruises has acquired 50% of Palumbo Malta Shipyards
The joint venture with Palumbo will become a hub for the repair of cruise ships, merchant ships, ferries and offshore facilities
July 31, 2020
The agreement between MSC and Palumbo also includes a major refurbishment of the shipyard also with the aim of accentuating specialization in the cruise ship segment, including liquefied natural gas-fired ones under construction for the MSC Cruises fleet.
The Maltese shipyard has four 98 to 360 metres long.
Msc Cruises Executive Chairman Pierfrancesco Vago specified that the joint venture represents the natural outcome of a collaboration with Palumbo that has been consolidated over the years. "I am said the founder and president of the Palumbo Group, Antonio Palumbo - of this joint venture with the Aponte family because, in addition to the personal friendship Over the years, we have a common company philosophy. This agreement, Palumbo said, "is not just a financial transaction, but aims to boost our network and makes part of a group business strategy."
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The agreement between MSC and Palumbo also includes a major refurbishment of the shipyard also with the aim of accentuating specialization in the cruise ship segment, including liquefied natural gas-fired ones under construction for the MSC Cruises fleet.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
