Budget cuts could finish Italian flag
PAOLO d’Amico, the newly elected president of Italian shipowners’ association Confitarma, has challenged the Italian Government to live up to its commitment to the international ship register, warning that planned budget cuts could deal a killer blow to the Italian flag fleet.
In his inaugural address to a packed hall in Rome’s splendid Palazzo Colonna, Mr d’Amico expressed the considerable frustration of an industry that feels spurned by Rome, despite the government’s frequent acknowledgements that it is critical to Italy’s economic competitiveness. If you are already a subscriber, please sign in below. If you're not a subscriber and would like to experience the full benefits of Lloyd's List DCN with a 14 day trial, please click here. Alternatively, click here to subscribe.This full article is available to Lloyd's List DCN subscribers only.




