Fincantieri Close to Costa Megaship and STX France Buyout?

Further consolidation could be coming in the cruise-ship building business, as sources in Italy told Cruise Industry News that Fincantieri may be close to a deal to buy STX France.

The Saint Nazaire yard is owned partially by the French government with the majority shareholder being Korea-based STX Offshore & Shipbuilding Co., which recently unloaded its stake in STX Finland to Meyer Werft.

On the delivery of the Costa Diadema, Fincantieri is also said to be close to a new deal to deliver a 170,000-ton megaship to the Costa brand in 2019.

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