Fincantieri has signed a purchase agreement valued at €79.5m for the acquisition of 66.66% of the share capital of STX France from its current shareholder STX Europe AS.

Viking Ocean Cruises and Fincantieri signed a memorandum of agreement for the construction of two additional 47,800gt cruise ships, with an option for another two.

Star Clippers confirmed its first newbuild since 2002, Flying Clipper, will be delivered during 2018, and not towards the end of 2017 as anticipated.

The French industry state secretary Christophe Sirugue is visiting St Nazaire this afternoon one day after it was announced that Fincantieri has been selected as the preferred bidder in the sale of the 66.66% stake in STX France.

A South Korean court has approved Fincantieri as the preferred bidder to acquire STX France, the Italian shipbuilding giant confirmed Tuesday. If the deal goes through, Fincantieri would control a formidable chunk of the global cruise shipbuilding and repair market.

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