Port News & Information Mediterranean, Black & Caspian Seas

Palumbo set to sell stake in Malta shipyard to MSC Cruises

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Valletta, Malta (Ports Europe) 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…

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