INCREASE OF THE NATIONAL FLEET.

The Italian shipping industry finds itself in troubled waters. Although in late 2014 an 8% fleet reduction was recorded, last year the deliveries of new ships led again to an increase of the national fleet, according to the national shipowners association’s (Confitarma) statistics.

The Italian shipping industry has preserved its position in the world and in Europe: Italy’s fleet ranks second in the European Union and fourth in the world among national fleets discounting flags of convenience such as Panama and Liberia.

source: http://splash247.com/call-to-make-italian-flag-more-competitive-2/