October 28 - The first steel has been cut for the Genoa-based shipping company, Ignazio Messina's latest newbuilding, Jolly Vanadio, in the STX Offshore & Shipbuilding shipyard in Jinhae, South Korea.

The vessel is the third in a series of ro-ro ships - Jolly Titanio, Jolly Cobalto, Jolly Vanadio and Jolly Palladio - that the Korean shipyard is releasing for delivery in 2014, as reported by HLPFI on July 12, 2013.

The four vessels, which are 240 m long, 37.5 m wide, with a capacity of 3,900 teu and a top speed of 21.5 knots, are part of the second stage of Ignazio Messina's USD500 million development plan.

Four other vessels with similar particulars have already been built by Daewoo Shipbuiding & Marine Engineering Co Ltd and started operating earlier this year within the Ignazio Messina liner services network, as reported by HLPFI on February 22, 2013.