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Green Marine

about 17 years ago

Fincantieri New Cruise Ship Order Sign Of Recovery, says CEO

Italian shipbuilder Fincantieri SpA’s recent commission to build a 3,700 passenger cruise ship is an “important sign” that recovery could emerge in 2010, said Fincantieri Chief Executive Giuseppe Bono in an interview. Shipbuilders across Europe–already struggling to compete with rival builders in Ch

1 minutes read

Italian shipbuilder Fincantieri SpA’s recent commission to build a 3,700 passenger cruise ship is an “important sign” that recovery could emerge in 2010, said Fincantieri Chief Executive Giuseppe Bono in an interview. Shipbuilders across Europe–already struggling to compete with rival builders in China and Asia–are struggling with layoffs and flat balance sheets as orders dry up amid the recession.

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