Paris says it'll find other buyers if Italy doesn't agree to split ownership of France's biggest shipyard. It comes after the French government canceled a deal that gave a controlling stake to an Italian shipbuilder.
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Italy refused to back down from its demands on Tuesday in a row with France over a shipyard sale.
Italian state-owned shipbuilder Fincantieri and another Italian investor were due to buy a controlling stake in STX shipyard in Saint-Nazaire on the west coast of France. But new President Emmanuel Macron stepped in at the last minute to block the deal by temporarily nationalizing the shipyard.
Macron said at the time that he halted the deal to preserve French jobs and to protect the strategic importance of the yard, which is the only one in the country big enough to build aircraft carriers and other large warships.
France wants to negotiate a new deal which splits ownership 50-50 between Fincantieri and STX's French shareholders, a prospect that Italy has resoundingly rejected.
The biggest container ships in the world
Ship owners from all over the world are competing for the glory of building the most outstanding vessels plowing the oceans. In this race not only size matters, but technology, too.
Image: Reuters/F. Bimmer
A new world record
The largest container ship in the world entered the German port of Wilhelmshaven on Sunday July 2. The MV "OOCL Hong Kong" is 400 meters long and has 21,413 pitches for standard containers. It was built in the Samsung ship yard in South Korea. Before the stop in Germany, the ship, on its maiden voyage, has already stopped in Felixstowe, England and the Polish city of Gdansk.
Image: picture-alliance/dpa/I. Wagner
The size of the Empire State Building
The world's second largest container ship has made its way up the Elbe River to become the biggest-ever vessel to call at Hamburg harbor. With a length of 400 meters (1,320 ft) it would normally carry 20,170 containers - but that number had to be reduced because the river is not deep enough. Japanese shipping firm Mitsui O.S.K wants to employ it regularly on routes between Europe and East Asia.
Never-ending race?
MOL Triumph, alongside the world's largest container ship, Madrid Maersk, will soon be replaced by OOCL Hong Kong in terms of capacity because the new cargo giant can load 21.100 standard containers. A quarter century ago, the biggest cargo ships could load only slightly more than 4,000 containers, and were easily outstripped by supertankers which remain the biggest vessels ever built.
Image: picture-alliance/dpa/A. Warmuth
Too large to fit
With a length of 458 meters, Norwegian oil tanker Jahre Viking was the largest ship ever built. She needed more than six kilometers (3.72 miles) to stop, and was unable to navigate the Panama Canal, the Suez Canal and the English Channel. Between 2004 and 2009, she was used as a floating storage for oil before being sold to Indian ship breakers and breached for scrapping in Gujarat.
Image: picture-alliance/dpa/DPA Report
Small city on the water
The biggest cruise ship is the Harmony of the Seas, at a length of 362 meters. More than 6,300 passengers can enjoy their time on 16 decks, while being served by a crew of 2.100. Royal Caribbean Cruises paid more than one billion euros (($1.08 billion) for her, equipping it with 20 dining rooms, 23 swimming pools - including the longest water slide - and an open air garden with 12,000 plants.
Image: picture-alliance/dpa/F. Dubray
The 'toys' of the super-rich
Rivalry among ship owners seems fiercest in the super-yacht category, where Arab sheiks, Russian oligarchs and US billionaires dig deep - not shy to splash out on costly extensions even during construction to outbid others in the race for luxury. Momentarily, the "toy" of a Saudi sheikh holds the title. His 180-meter yacht named Azzam is equipped with helideck, missile defense and submarine.
Image: Imago/TheYachtPhoto.com
'Sailing boat' for the romatic
The world's biggest yacht under sails is called "Sailing Yacht A" and the creation of designer Philippe Starck. She is owned by Russian billionaire Andrey Melnitchenko. The total sail area of 3,747 square metres is equal to the size of half a football pitch, She has eight decks with three swimming pools and an underwater observation pod in the keel.
Image: picture-alliance/dpa/A. Heimken
The most expensive is for combat
The Gerald R. Ford is the lead ship of a new class of United States Navy supercarriers and was commissioned in April 2017.The US military has spent about $13 billion for the aircarft carrier which belongs to a fleet of currently 18 classical carriers. She is able to launch Navy jet fighters faster and more efficiently due to an electromagnetic catapult instead of a steam-driven one.
Image: Imago/Zumapress/C. Delano
Russian trailblazer
Three-meters-thick Arctic ice fields? No problem for Russian nuclear-powered icebreaker Arktika. According to Russian media, it's the most powerful vessel of its kind and scheduled to be commissioned by the end of the 2017. Then it will be deployed to the Arctic oil and gas fields to blaze the trail for Russian tankers. Russia wants to build several more of these ships in the years to come.
Image: picture alliance / dpa
Slow muscle man
Thialf is the world's most powerful deepwater construction vessel. She is capable of a tandem lift of 14,200 tons and used for installing offshore constructions. For lifting operations it will normally be ballasted down to 26.6 m (87 ft). This way the pontoons, with a draught of 13.6 metres, are well submerged to reduce the effect of waves. It is strong but slow with a speed of only 11 km/h.
Image: BoH/GPL
Piggyback on the sea
Floating oil rigs (see picture) or even whole ships can be moved by the Dockwise Vanguard. The heavy lift ship sinks into the water, towboats drag the load over the charging platform and then the ship lifts herself up again. The world biggest transportation ship is 275 meters long.
Image: Boskalis
Explorers of the unknown deepwater
Canadian film director James Cameron dived with the Deepsea Challenger to the deepest point of the world's oceans known as Challenger Deep and located at 10.984 meters on the bed of the Pacific. The submarine was constructed in secrecy in Australia from 2005 to 2012. Passengers shouldn't panic in closed rooms because they sit in a high-strengh steel-ball only 106 centimeters in diameter.
Image: REUTERS
Human beings are not needed
Size is not everything! The ships of the future might be electrically-driven and without any crew. Norway will start the first experiment with a self-driving e-container ship next year. The Yara Birkland will ship fertilizer along the coast of Norway - first with a captain on the helm, and from 2019 remote-controlled. In 2020, the ship will travel autonomously, likely to become a "game changer."
Image: Yara International
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French Economy Minister Bruno Le Maire met with Italian Economic Minister Pier Carlo Padoan in Rome on Tuesday to try and resolve the impasse.
Padoan said after the meeting that he was resolute in opposing the 50-50 split.
"On this point, we will not change our minds," Padoan said. "We will have time to bridge the differences."
Shortly before the meeting the French minister gave an interview to the Corriere della Sera daily, in which he said that France could look elsewhere for a deal if Italy did not compromise.
"We will be forced to consider other options if the negotiations ... don't go well," adding: "But I hope that won't be necessary."
The two ministers released a joint statement saying that a summit between Macron and Italian Prime Minister Paolo Gentiloni, set for September 27, would aim to find a "mutually acceptable" outcome.
"The Italian and French governments express their common desire to overcome their differences regarding the capital structure of STX," it said.
The ministers said they would focus on building a major European naval industry player together.
"Our strategic objective is for France and Italy to build the Airbus of the naval world, in other words the world's number one naval industry champion. It is normal that this takes a little while," Le Maire said.