Fincantieri Close to Agreement for China Ships Contract

Italian shipbuilder Fincantieri SpA is expected to sign a binding contract to build cruise ships for the Chinese market during a visit this week by Italian President Sergio Mattarella to the country, according to two people familiar with the matter.

  • Fincantieri and its local partner, China State Shipbuilding Corp., may reach an accord with Carnival Corp. and CIC Capital as part of several deals to be announced between Chinese and Italian companies during Mattarella’s visit, said the people, who did not want to be identified because

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