$85m investment to expand yard capacity at Ancona


Source: Fincantieri

Fincantieri has signed an agreement to develop the port of Ancona with the Port System Authority of the Central Adriatic Sea (ADSP).

The agreement will lead to an investment of €80 million (US$85.8 million) to support the expansion of the port’s construction piers and dry dock, as well as its current technological and lifting infrastructure to enable the construction of longer and heavier ships, both in the cruise and merchant sector.

Fincantieri has agreed to invest US$42.9m to develop shipbuilding at the port of Ancona. The state has awarded the company a 40 year state concession. 

Continue this article…

Already subscribed? SIGN IN now


Sign up for FREE to continue this article!

Want to read more before deciding on a subscription? It only takes a minute to sign up for a free account and you’ll get to enjoy:

  • Weekly newsletters providing valuable news and information on the shipping sector
  • Full access to our news archive
  • Live and archived webinars, podcasts and videos
  • Articles on innovations and current trends in the shipping industry
  • Our extensive archive of data, research and intelligence

Get more free content sign up today

Ready to subscribe? Choose from one of our subscription packages for unlimited access!