Port News & Information Mediterranean, Black & Caspian Seas
Source: Fincantieri SpA

Italy’s government approves €75.5 million financing for Fincantieri Palermo shipyards

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Palermo, Sicily, Italy (PortSEurope) May 13, 2019 – Italy’s government has approved a €75.5 million ($85 million) loan for the overhaul of Palermo shipyard, the vice president of the 5 Star Movement parliamentary group, Adriano Varrica, said. The financing will be used to build the 150,000-ton walled dry dock (where work has stopped since 1982),…

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