msc cruises signs deal at fincantieri

MSC Confirms 4 Ship Order from STX France

Reuters
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February 1, 2016

Pierfrancesco Vago, CEO of MSC Cruises, Mediterranean Shipping Company (MSC) Chairman Gianluigi Aponte, French Economy Minister Emmanuel Macron and Laurent Castaing, President of STX France, after signing agreements at the STX Les Chantiers de l’Atlantique shipyard site in Saint-Nazaire, France, February 1, 2016. REUTERS/Stephane Mahe

ReutersSAINT-NAZAIRE, France, Feb 1 (Reuters) – Cruise ship company MSC Cruises on Monday confirmed orders for four ships in a 3-billion-euro ($3.26 billion) deal that will secure thousands of jobs at the STX shipyard in St-Nazaire in the west of France.

“These are the biggest cruise ships yet built by a European operator – each using around 35,000 tons of steel,” the company said in a statement.

STX France is 66 percent owned by South Korea’s STX Corp and 33 percent owned by the French state, according to STX France’s website. ($1 = 0.9191 euros) (Reporting by Guillaume Frouin; writing by Brian Love; Editing by Alexander Smith)

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