Subscribe to RSS feedGrimaldi urges cutting ships over 30 years old
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Obsidian
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last modified
Mar 19, 2009 12:00 AM
Grimaldi Naples managing director Emanuele Grimaldi has called for a mandatory phase-out of all vessels over 30 years old to alleviate the crisis ravaging the industry.
Speaking at the launch of the company's latest cruise ferry at Fincantieri's Caste-llammare di Stabia yard, Mr Grimaldi said that this is a unique opportunity to address the problem of excess tonnage and low demand.
He cited the strong...
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