Costa Crociere take a stake in Chantier Naval de Marseille
Shiprepair eNews August 2016
Costa Crociere and San Giorgio del Porto in Genoa have signed a strategic partnership for the expansion of Chantier Naval de Marseille shipyard.
The agreement provides for the entry of Costa Crociere with a 33.3% share in Chantier Naval de Marseille, company specialized in ship repair and conversion based in Marseille and controlled by the Genoese San Giorgio del Porto, part of the holding company Genova Industrie Navali. The agreement calls for an initial investment of 10 million Euros aimed at increasing the efficiency of the Chantier Naval de Marseille shipyard to provide it with the best available technologies. The yard founded in 2010 employs about 120 people, including naval architects, mechanical engineers and specialized technicians. Their new super Dry-Dock 10, the biggest in the Mediterranean Sea, 465 m long and 85 m wide, can accommodate all kind of cruise ships, the biggest cargo and LNG vessels and the largest off shore units.
The investment represents for Costa Crociere a further step towards a more advanced technical management of the Group's growing fleet of cruise ships. “This strategic partnership, the very first of this kind for the Costa Group, represents a milestone for our future operations and will ensure best in class management of all the necessary maintenance activities on our ships, including the next generation ships that we will receive in the next few years”, said Michael Thamm CEO of, Costa Crociere.