French economy minister Bruno Le Maire said the state would exercise pre-emptive rights to buy the two-thirds of the giant STX France shipyard in St. Nazaire that it does not already own.

PARIS—Emmanuel Macron’s government said Thursday it would temporarily nationalize the STX France shipyard to stop Italian company Fincantieri SpA taking majority control, a dirigiste move that ...

With dozens of dignitaries including French President Emmanuel Macron looking on, officials at the STX France shipyard in Saint-Nazaire, France officially turned over the 19-deck-high ...

The move came after a standoff over ownership of the yard, currently majority-owned by a South Korean firm under the name STX France. A contract had been signed to sell the majority ownership to ...

Geneva-based global cruise line MSC Cruises has signed a contract with the French shipbuilder Chantiers de l’Atlantique to build the third and fourth liquefied natural gas (LNG)-powered MSC ...

PARIS (Reuters) - The French state said on Wednesday it would nationalise the STX France shipyard if Italy does not accept its offer to split STX's capital equally, putting down a marker on the ...

Economy Minister Bruno Le Maire said Thursday that the government would temporarily nationalize STX France rather than let it be taken over by Fincantieri, the Italian state-owned shipbuilder.

Italian shipbuilding giant Fincantieri SpA and Dutch counterpart Damen Shipyards Group are in the running to buy STX France, which has been put on the block by Korean debt-ridden parent STX ...

STX France built the Harmony of the Seas for Royal Caribbean International and has contracts for a fourth Oasis-class ship, plus two Edge-class ships for Celebrity Cruises, due in 2018 and 2020.

MSC Cruises announced it has signed a letter of intent with the STX France shipyard to build two 167,600 ton, 5,700-passenger cruise ships to be delivered in 2017 and 2019. The ships will be ...