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16 July 2019 The on-line newspaper devoted to the world of transports 20:14 GMT+2



April 26, 2011

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Step crucial to the outcome of the order of a cruise Libyan GNMTC STX France

By May 15 is expected to pay 25% of the value of the order

Approaching a crucial moment to know the future of the cruise ship that the company has ordered the Libyan GNMTC STX STX Europe and France in the group that is under construction in the French shipyard of Saint-Nazaire ( 1 July and 23 December 2010).

If the time of signing the contract was paid a deposit of 10% of the total value of the order, which amounts to over EUR 500 million, by next May 15, the Libyan company will have to pay 25% of the value of committed. Given the state of war under way in Libya between the military and rebels loyal to Colonel Gheddo supported by an international coalition air missions, which was promoted especially by the French government is so far no one can know whether this deadline will be honored .Moreover, even if the payment were to happen, it is possible that the transaction is hampered by economic sanctions by the United Nations and the European Union with the intent to hinder enforcement acted on by the Libyan Government.

The new cruise ship, built on the design of the MSC Fantasia will be 333 meters long, 38 meters wide, will have 1,739 passenger cabins and will be completed in December 2012. The CEO of STX France, Jacques Hardelay, issued statements stressing that a vessel of this type over the end of next year is still of interest to the cruise industry. If the order GNMTC falls, the first company to which the French yard could make the new ship would likely MSC Cruises, a company that has built a ship of the same type in the same factory in Saint-Nazaire and for which he was studied the project which is developing the unit for the Libyan company.
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Evergreen Line
Vincenzo Miele



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