
Fincantieri: Jobs at Risk if Merger with Chantiers de l'Atlantique Stopped
Fincantieri Chairman Giampiero Massolo defended the Italian shipbuilder's planned acquisition of French rival Chantiers de l'Atlantique, and said jobs in the industry could suffer if the project fell through.European competition authorities last month opened an in-depth investigation into the proposed deal, saying it would significantly reduce competition and could push up prices for cruise ships."Ours is a valid industrial project that could not only help Europe's shipbuilding industry compete better globally…
Ponant Tests New Sail System
The French-flag cruise line Ponant is testing the Solid Sail concept on its vessel Le Ponant. Tests are being conducted with maritime construction company Chantiers de l’Atlantique as part of the sailing cruise-vessel project Silenseas, launched two years ago.Two patents have been filed—in 2009 and 2017—for the new type of sail, made of fibreglass, carbon and epoxy-resin panels in a carbon-slat frame. This new technology will significantly reduce energy consumption tied to propulsion…