Francesco Valente News

Titan, a ship repair and fabrication company with yards on the U.S. West and East Coasts, on Thursday announced it has appointed Francesco Valente to replace CEO Jim “Marco” Marcotuli, who is retiring after five years leading the company.Valente will lead Titan from its Portland, Ore. headquarters starting on September 23, with Marcotuli taking on a role as a board member and advisor.Valente possesses more than 20 years of experience running business operations globally, having previously served as CEO of Fincantieri Marine Group, the parent company’s U.S.

Fincantieri Marine Group, the U.S. subsidiary of Italian based shipbuilding enterprise Fincantieri, announced that its President and Chief Executive Officer, Francesco Valente, will step down from the position to assume another leadership role within the Fincantieri group.As a result, the Board has selected Dario Deste to assume the role of President and Chief Executive Officer. Valente and Deste are working together to ensure an orderly transition, which is expected to be completed before the end of the year.Valente joined Fincantieri in early 2012 as Senior Vice President for Business Development‐Naval, before being appointed as President and CEO of Fincantieri Marine Group the following May.Deste…

Wisconsin shipyards Bay Shipbuilding and Fraser Shipyards have been awarded nearly $2 million in 2018 Small Shipyard Grants from the U.S. Department of Transportation (DOT), U.S. Senator Tammy Baldwin today.The Small Shipyard Grant Program helps small shipyards, like Bay Shipbuilding in Sturgeon Bay and Fraser Shipyards in Superior, repair and modernize equipment, and train workers.“In Wisconsin, and across America, small shipyards are considered the lifeblood of the maritime economy.

Fincantieri Bay Shipbuilding has signed an agreement with VanEnkevort Tug & Barge, Inc. to construct a new self-unloading barge for transportation of bulk products throughout the Great Lakes region. Measuring 740 feet in length (78 feet W, 45 feet H, 37,512 DWT), the vessel will be constructed in Sturgeon Bay, Wisconsin. VanEnkevort Tug & Barge, Inc. (VTB) of Escanaba, Michigan is a growing company operating three articulated tug and barges (ATBs) on the Great Lakes. This newest self-unloading barge will be environmentally friendly and delivered with the first Great Lakes ballast water treatment system meeting EPA standards. Scheduled for completion in mid-2020…

Shipbuilder Fincantieri Marine Group has announced further details on its plans to adapt its FREMM frigate, already in service for the Italian Navy since 2012, to design the U.S. Navy’s new guided-missile frigate, FFG(X). Fincantieri said it will lead an industry team, including Gibbs & Cox and Trident Maritime Systems, to design and build the ships at its U.S. shipyards, including Fincantieri Marinette Marine (FMM) in Marinette, Wisc. The FFG(X) design is based on FREMM, a multi-mission ship capable of conducting antisurface…

U.S. shipbuilder Fincantieri Marinette Marine (FMM) informs it has received the 2017 Defense Security Service James S. Cogswell Outstanding Industrial Security Achievement Award. The Cogswell award, given by the Defense Security Service (DSS), a federal security agency of the U.S. Department of Defense, is awarded to less than 10 percent of more than 13,000 industrial firms annually. The criteria focuses on the principles of industrial security excellence, which includes establishing…

Fincantieri Marine Group said it has submitted its proposal for the U.S. Army Maneuver Support Vessel - Light. Fincantieri leads an industry team comprised of CNIM, the designer of the Catamaran Landing Craft (L-CAT); Oshkosh Defense, a provider of tactical wheeled vehicles and life sustainment services; and other specialist partners, including Watercraft Logistics and FEDITC. “We’ve assembled a world-class team of industry partners in order to deliver to the U.S. Army a highly reliable…

Fincantieri Marine Group’s Fincantieri Bay Shipbuilding (FBS) has delivered the Articulated Tug Barge unit (ATB) Barbara Carol Ann Moran and the 110,000-barrel barge Louisiana to Moran Towing Corporation. The 5,300-HP, 121-foot vessel is certified ABS Class +A-1 Towing Service, +AMS, and is equipped with state-of-the-art navigation and communications technology. The ATB unit was delivered on the exact day called for by the contract and will work the East Coast of the United States and the Gulf of Mexico.

3301 S. Fincantieri Marine Group LLC (FMG) is the United States division of Europe’s largest shipbuilder, Italian group Fincantieri. FMG is one of America’s leading midsized shipbuilders for commercial and governmental customers. FMG runs three facilities in the Great Lakes region for shipbuilding, repair, outfitting and conversion: Marinette Marine, Bay Shipbuilding and ACE Marine. The Marinette Marine shipyard centers on design and production of U.S. Navy Littoral Combat Ships…

Bay Shipbuilding Company (BSC) of Sturgeon Bay, Wisconsin, a subsidiary of Fincantieri Marine Group (FMG), has been awarded a contract to build two 155,000-barrel capacity barges and two 6,000 HP tugs for Kirby Corporation. The vessels are to be operated as Articulated Tug-Barge (ATB) units and will haul petroleum and chemical products domestically. The first ATB unit is scheduled for delivery in the Fall of 2016 and the second unit will be delivered in Summer of 2017. Kirby Corporation…

Fincantieri Marine Group (FMG) subsidiary, Bay Shipbuilding Company (BSC) of Sturgeon Bay, Wisconsin, has been awarded a USCG contract for drydock repairs to the United States Coast Guard Cutter Hollyhock (WLB-21) and a second USCG repair and sustainment contract for the icebreaker Mackinaw (WLBB-30). Hollyhock is a Juniper Class Seagoing Buoy Tender measuring 225-feet long. The Mackinaw is a 240-foot heavy icebreaker for operations on the Great Lakes. Both ships were built by FMG subsidiary, Marinette Marine Corporation (MMC), and launched in January 2003 and November 2005 respectively.

Last month marked the launch of two new Littoral Combat Ships: Milwaukee (LCS 5) launched by Marinette Marine into the icy Menominee River; and Jackson (LCS 6) launched by Austal into the far warmer waters found off of southern Alabama. While the two LCS variants and shipyard climates are a world apart, this innovate U.S. Navy ship production program has the common goal of fortifying U.S. defense interests while spurring investment in the creation of two state-of-the-art ship production facilities. Mid-December in Marinette, Wis., can be described with one word: cold.