A shipyard is to be built at the port of Ancona on the Italian Adriatic coast. The yard, which will focus on newbuilds and repair, will be controlled by the local port authority and Fincantieri, Italy’s top shipbuilder.
In total, EUR80m ($86m) has been earmarked for the project, split 50:50 between the two partners. The port already has a drydock and some outfitting piers, all of which will be upgraded in the coming year.
Vincenzo Garofalo, president of the Port System Authority of the Central Adriatic Sea, said: “An agreement and an investment that will have a strong impact on the future development prospects of the port of Ancona, with positive economic and social repercussions on the city and the region. Fincantieri, one of the port’s primary operators, has thus reaffirmed its confidence in the possibilities of growth and development of the facility in Ancona and the entire port infrastructure.”
