Fincantieri and JSW Steel Join Forces To Build a New Shipyard in Piombino

By | 2020 Newsletter week 38 | No Comments

(geen foto beschikbaar)

Earlier this week, JSW Steel presented a new investment plan for the steel plant based in the port of Piombino, where a new shipyard is also expected to be realized.

Fincantieri and JSW signed an agreement aimed at exploring the possibility to create a shipbuilding site for new ferries, offshore units and other maritime installations.

It’s unclear at the moment if and how this new shipyard would be related with the newly built Piombino Industrie Marittime which is indirectly participated by Fincantiei through San Giorgio del Porto.

The investment fund Creon Capital has also signed a Memorandum of Understanding with JSW Steel Italy Piombino, Piombino Logistics and GSI Lucchini Spa, aiming for the development of a sustainable energy industry in Italy. Together with local partners, the fund proposed to start working on an investment plan that should upscale the Tuscan region of Piombino into a cluster for hydrogen, renewable energy, LNG, and logistics.