Fincantieri

The Seabourn Encore, a luxury cruise ship built by Fincantieri of Italy for Seabourn Cruise Line, docked at Nafplio in the eastern Peloponnese, dwarfing the Bourtzi Fortress on Saturday. Sailing from the Ionian island of Corfu, the 210-meter ultra-luxurious ship carrying over 560 passengers, mainly British and American, disembarked at the port of Nafplio.

Naval shipyards are an "extremely" important component of the Romanian economy with enough competitiveness existing in this economic field that allows the further development of the areas where they are located and of the country, Prime Minister Ludovic Orban said on Wednesday in Braila.

The replies of states sent following a request by the Ministry of Defense to submit a proposal on the project to acquire two multi-functional modular patrol vessels for the Navy will be opened on Monday, April 22, in the Solemn Hall of the Ministry of Defense at 10.00.

Italy's Fincantieri, German shipyard Luerssen and Bulgaria's MTG Dolphin have submitted bids in a 984 million levs ($570 million) tender to build two patrol ships for the Bulgarian navy, a defence ministry spokesman said on Wednesday, reports Reuters. 

The Black Sea country is looking to replace its three ageing Soviet-made patrol ships with the new vessels.

The Bulgarian navy expects three companies to submit offers to supply two patrol vessels under an ongoing tender: Italy's Fincantieri, Germany's Lürssen, and Bulgarian shipbuilder MTG Dolphin, reports Defense News. 

French President Emmanuel Macron has made his first major intervention in the corporate world by nationalising a shipyard to stop it falling into Italian hands.

In a move that shows the limits of the new government’s economic liberalism, the finance ministry on Thursday said the state was exercising its pre-emption right to buy out all the shareholders in STX France.

Britain's defense secretary made a strong push on July 26 to build Australia's next fleet of warships, saying the frigates he proposes are best placed to hunt "Russian and Chinese submarines" amid regional tensions.

Super-yacht Ocean Victory which belongs to Russian billionaire Viktor Rashnikov arrived in the cosmopolitan island of Mykonos. The “floating palace” which can comfortably accommodate 26 guests and 50 crew members had docked in Greek islands of Rhodes and Paros before reaching Mykonos.