Cantiere navale di Palermo

Cantiere navale di Palermo (Palermo Shipyard) is a shipyard in Palermo, Sicily. It was founded in 1897 by Ignazio Florio, grandson of Vincenzo Florio. Construction was protracted and Florio was forced to sell his stake in the shipyard to Attilio Odero in 1905. It was then amalgamated with the two shipyards belonging to Officine e Cantieri Liguri-Anconetani into Cantieri Navali Riuniti (CNR) on 31 January 1906. In 1925 CNR was renamed as Cantieri Navali del Tirreno after it gained control of the Cantiere navale di Riva Trigoso. After completing bankruptcy proceedings in August 1973, it came under the control of Italcantieri and then Fincantieri in 1984.