Monday, March 27, 2023

Vogon Today

Selected News from the Galaxy

This is how the Chinese are aiming for Ravenna after the landing in Taranto

This is how the Chinese are aiming for Ravenna after the landing in Taranto

Rosetti Marino would be close to selling the San Vitale shipyard in Ravenna to the Ferretti Group, controlled by the Chinese of Weichai Power. The company has already been awarded a portion of the port of Taranto. All the details

After that of Taranto , will China also take a piece of the port of Ravenna?

Rosetti Marino, a shipbuilding company based in Ravenna, would be close to selling the San Vitale shipyard in Marina di Ravenna to the Ferretti Group, a company specializing in the construction of yachts: it is based in Forlì, but is controlled for over 60 percent by the Chinese state-owned energy group Weichai Power and is listed on the Hong Kong Stock Exchange.


The sale operation – writes Il Resto del Carlino – developed last summer "and has found concreteness in the last few days", even if neither Rosetti Marino nor Ferretti have commented on the news.


The San Vitale shipyard extends over an area of ​​70,000 square metres, according to the specialized Shipping Italy portal: 10,000 square meters are occupied by covered surfaces and the same number are dedicated to the construction of boats, with a quay of 175 meters and a careening of 180.

In the past, the shipyard was used to build support vessels for oil extraction and tugs, but "the national oil & gas crisis", explains Il Resto del Carlino , has "significantly slowed down activity".

In 2022 Rosetti Marino produced the “superyacht” RSY 38m EXP in San Vitale. A second unit is currently under construction, together with a liquefied gas (LNG) tug commissioned by Rimorchiatori Riuniti Panfido.


The Ferretti Group wants to expand its yacht production capacity: it has a 204 million euro project (in public participation) to redevelop the former Yard Belleli at the port of Taranto ; with the San Vitale construction site in the Ravenna area, it would not only obtain more space, but also an already equipped structure with an outlet to the sea.

Rosetti Marino, on the other hand, wants to reposition its business towards the new sectors of the energy transition: technologies for the capture of CO2 ( Eni has a large project of this type in Ravenna ), biomethane , "green" and "blue" hydrogen , turbines wind farms. While selling the San Vitale shipyard to Ferretti, the company would retain possession of the area dedicated to the production of infrastructure for renewable energy and mining platforms.

This is a machine translation from Italian language of a post published on Start Magazine at the URL on Tue, 28 Feb 2023 10:52:03 +0000.