Port News & Information Mediterranean, Black & Caspian Seas

Italy’s Grimaldi to focus on mainland cabotage

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Taranto, Italy (PortSEurope) March 10, 2017 – Italian shipping group Grimaldi plans to focus its development strategy on “mainland cabotage”, which is the new perspective for investments in the port sector, president Emanuele Grimaldi said in Taranto. Grimaldi plans to invest €1 billion ($1.06 billion) in the construction of vessels in the segment this year,…

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