Since 2014, there has been a stalemate over cruise ships transiting the Venice Lagoon via the Giudecca Canal and San Marco Basin.
The Fincantieri group achieved a €6.5bn first quarter record in orders acquired. Of that, €6.3bn is in the shipbuilding area, almost entirely in the cruise segment, with 11 ships for five brands and an expedition cruise vessel from another customer. Also included is one littoral combat ship for the US Navy.
Fincantieri's new board of directors has again confirmed Giuseppe Bono as CEO. The board recently met under the chairmanship of Giampiero Massolo, who also was confirmed by the shipbuilding group's shareholders.
Under the new cooperation agreement between Fincantieri and Genova Industrie Navali, Fincantieri will acquire a minority stake in GIN—less than 20%—through a capital increase, GIN and T. Mariotti president Marco Bisagno told Seatrade Cruise News.
The LNG-powered Costa Smeralda will eliminate most particulate matter and sulfur oxide emissions, while significantly reducing nitrogen oxides and carbon dioxide, contributing to Costa Cruises' sustainability goals, president Neil Palomba said. What's more, its sister ship will test a fuel cell, he disclosed Friday.
The Italian stock exchange reacted positively to Fincantieri's better than expected 2018 results.
The European Commission's decision to examine Fincantieri's proposed acquisition of Chantiers de l’Atlantique on referral by French and German competition authorities may delay the deal.
Day visitors to Venice, including cruise passengers, will be charged up to €10 under a new measure aimed at defraying the costs of mass tourism.
'Liguria: Our home, your next destination' is the tagline of the new television advertisement Costa Cruises and the Liguria Region are launching in Italy to promote the attractions of the area that has been home to Costa for more than 70 years.
Italy's cruise traffic is projected to reach a historic high in 2019 with 11.85m passengers, according to the Italian Cruise Watch 2018 report by tourism research and consulting company Risposte Turismo.