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Palumbo Set To Sell Stake In Malta Shipyard To MSC Cruises

Palumbo set to sell stake in Malta shipyard to MSC Cruises

Source: PortSEurope

Valletta, Malta (PortSEurope) February 20, 2020 – Naples-based Palumbo Group is reported locally to be selling a 50% stake in its Cospicua shipyard in Malta to Swiss-headquartered MSC Cruises, making the companies partners in the facility. Located in Valletta harbour, the Palumbo Shipyard Malta, which can accommodate ships up to 300,000 tons, is the one stop solution for refit, repair, maintenance and conversion for vessels of all types and dimensions. Served by one of the…

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