Trump’s First Trade Pact Offers Faint Glimpse on Art of the Deal
For global leaders puzzling over how to negotiate with Donald Trump, the US president’s inaugural pact with the UK offers a few clues on how much ground he’s prepared to give.
Jolly Indaco, 12,500 DWT Ro-Ro Container ship, image: Ignazio Messina & C. S.p.A
Since 1968, Italian Shipping Company Ignazio Messina & C has specialized in offering ro-ro container services to the Red Sea and East Africa. With a modern fleet of 14 ro-ro container vessels, they currently rank number two in global fleet size.
The Saudi Gazette reports today that Ignazio Messina has recently signed a $300 million newbuild contract with Korean shipbuilder, STX Offshore & Shipbuilding, for four new ships to be delivered in the latter half of 2014.
This order represents the second half of a $600 million fleet modernization plan launched in 2009 with the order of four new ships from Daewoo Shipbuilding and Marine Engineering (DSME) in Okpo, South Korea.
These 2,900 TEU/45,000 DWT ships will be designed in-house by the naval architects at Genoese Messina Group.
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