Posted in Cruise News

Fincantieri And French State Agree Heads Of Terms For STX France

Fincantieri have announced in a statement that they have signed a ‘Head of Terms’ agreement with the French State for the take-over of STX France.

This agreement which was signed by both Fincantieri and  Agence des Participations de l’Etat (APE) who were representing the French State will allow for the completion of the takeover to come to a successful conclusion.

It still has to be rubber stamped in the Court of Seoul before Fincantieri can formally announce they have acquired the French shipyard.

The prow of Harmony of the Seas bow being lowered into position. Image: STX France.

The addition of STX France to their portfolio will further enhance Fincantieri’s position as one of the world’s leading shipbuilders for cruise ships. The completion of Queen Mary 2, Harmony of the Seas and the current construction of Royal Caribbean International’s largest cruise ship, Symphony of the Seas, are the jewel in the crown for STX France and the future for both Fincantieri and STX France as cruise ship building giants looks bright.

 

Feature Image: Fincanteri’s Monfalcone Yard: Fincantieri

Source: Fincantieri

Image: Harmony of the Seas under construction: STX France

Advertisements

Author:

Nearly 30 year old who has had an interest in cruising since 8 years old. Since then I have cruised on over 43 cruises sailing around the world visiting places such as the USA, Japan, Hong Kong, Egypt, Europe and many other places. Have also worked in the cruise industry with Carnival UK, Celebrity Cruises and Planet Cruise.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s