Fleet Expansion at Ignazio Messina Continues with $300 Million Newbuild Order

Jolly Indaco Ignazio Messina
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.