Fincantieri Marine Systems N.A.
Fincantieri Marine Systems N.A. News
From Surface to Subsea to Space: U.S. Navy Shipbuilding Outlook 2022
As a rudderless U.S. Navy debates maritime strategy, fleet futures and platform performance, America’s naval shipbuilding industry can look forward to another year of relative stasis.Barring a major geopolitical incident or unexpected maritime provocation, government shipbuilding isn’t going to change course. With Admiral Michael Gilday approaching the final “lame duck” year of his four-year term as Chief of Naval Operations and the 2024 election season looming…
Shipbuilding: Fincantieri Marine Group Invests Mightily to Deliver for the US Navy
When he served as the commander of NWSC Carderock, Mark Vandroff woke every morning knowing that his counterpart in China had just gone to bed and had spent that day trying to make China’s Navy superior. His job, he figured, was to “get cracking and work to make our Navy even better.” Now the CEO at Fincantieri Marinette Marine (FMM), Vandroff brings that passion for navy shipbuilding – and delivering…
Fincantieri Marine Systems Expands Florida Operations
Fincantieri Marine Systems North America (FMSNA) announced that it will expand its marine repair operations on the U.S. East Coast, a move that is expected to bring hundreds of jobs to Jacksonville, Fla., as they will provide extra marine repair capacity for both commercial and government vessels.FMSNA will make Commodores Point the focus of this effort, bringing business and investment to the downtown Jacksonville waterfront.“We are investing millions of dollars in waterfront improvements…
Fincantieri Marine Systems, Motor-Services Hugo Stamp Enter Team Deal
Fincantieri Marine Systems North America (FMSNA) has entered into a teaming agreement with Motor-Services Hugo Stamp (MSHS). MSHS distributes a wide range of products…
Fincantieri Marine Systems Tallies MSC Contract
Military Sealift Command (MSC) has awarded Fincantieri Marine Systems N.A. (FMSNA) an IDIQ contract to support the maintenance of the Ship Service Diesel Generators (SSDG) on the Expeditionary Fast Transport Vessels (EPF). The current contract is for a base year plus four option years, and should the options be exercised, will run through October of 2025.The Expeditionary Fast Transport Fleet consists of high-speed…
Smith Named CEO of Fincantieri Marine Systems N.A.
This week marked the start of new leadership at Chesapeake-based Fincantieri Marine Systems North America, as Ryan W. Smith assumed the position as CEO for the company.Smith brings over 15 years of experience in program management and engineering roles with Northrop Grumman and BAE Systems, as well as project management and lifecycle consulting services for major defense contractors and ship repair organizations focusing primarily on support of U.S. Navy programs.
Italy Police Search Shipbuilding Firms Linked to Fincantieri
Italian finance police searched offices of several companies working for state-controlled shipbuilder Fincantieri, as part of an investigation into suspected corruption, fraud and worker exploitation, the prosecutor's office in Venice said on Wednesday.The prosecutor added in a statement that 34 people were under investigation for alleged "systematic exploitation" of foreign workers - mainly from Bangladesh and Albania - in shipyards in the port city of Marghera, close to Venice, working on orde
Fincantieri's French Shipyard Bid Gets EU Scrutiny
Italy's bid to create a European industrial champion in the shipbuilding industry faces hurdles after EU antitrust regulators said Fincantieri's bid for Chantiers de l'Atlantique would significantly reduce competition.The European Commission said the deal between two global leaders in an already concentrated and capacity-constrained market could push up prices for cruise ships as it began an investigation on Wednesday.Italy is hoping the deal will help Fincantieri…
USCG Buoy Tenders Set for Engine Overhauls
Last week Fincantieri Marine Systems North America (FMSNA) was awarded a $9.6 million contract to perform maintenance and repairs to the U.S. Coast Guard’s fleet of Inland Buoy Tenders.The multi-year contract was awarded by the Coast Guard’s Surface Force Logistics Center in Virginia. The focus of the contract is the maintenance, repair and overhaul of the Isotta Fraschini Motori (IFM) V1312 main diesel…
Windstar Cuts Steel for Second Star-class Ship from Fincantieri
esterday at Fincantieri’s shipyard, in Palermo, Italy, Christopher Prelog, Vice President of Fleet Operations for Seattle-based Windstar Cruises, activated the torch to make the first cut in the new steel that will become the newly constructed mid-section of the company’s new ship MS Star Legend. This is the second of three new mid-ship sections being designed and constructed as part of Windstar’s…
Fincantieri: 2019 Growth in line with 2018 as Orders Jump
Fincantieri expects its 2019 growth rate to be in line with last year after a jump in new orders between January and March, it said on Thursday.The group's order intake was worth 6.5 billion in the first quarter, it said, thanks to a record number of contracts for cruise ships.The total backlog grew to 34.3 billion euros, equal to approximately 6.3 times last year's revenue.The state-controlled group…
Fincantieri Acquires IT Firm Insis
Italian shipbuilder Fincantieri said on Tuesday it had acquired a majority stake in information technology company Insis, to widen the range of products and services it offers.The state-controlled group did not revealed the financial terms of the deal, adding that Insis, which employees 100 people, posted revenue of 51.7 million euros ($58 million) last year.Insis, which has its headquarters near the port city of La Spezia, develops products and services in IT, electronics, telecommunications an
Fincantieri, Two Others Bid in Bulgarian Navy Tender
Italy's Fincantieri, German shipyard Luerssen and Bulgaria's MTG Dolphin have submitted bids in a 984 million levs ($570 million) tender to build two patrol ships for the Bulgarian navy, the defence ministry said on Wednesday.The Black Sea country is looking to replace its three ageing Soviet-made patrol ships with the new vessels and improve its compliance with NATO standards.The offers will be opened on April 22, the ministry said in a statement.
MSC Orders Four Cruise Ship
MSC Cruises and Italian shipbuilder Fincantieri signed the final contracts for the construction of four luxury cruise ships.The announcement follows the initial…
Fincantieri Celebrates Cruise Ship Trio
At Fincantieri's Monfalcone shipyard, Fincantieri and Princess Cruises celebrated three construction milestones of three “Royal” class ships.The festivities started with the traditional steel cutting for the sixth and last Royal-class ship, still unnamed, from the shipyard of Castellammare di Stabia (Naples). The section, once completed, will be transported by sea to the yard in Monfalcone, where the ship will be completed in 2022.Later in the day…
Fincantieri Launches Seven Seas Splendor
Regent Seven Seas Cruises (RSSC) launched its second extra-luxury cruise ship Seven Seas Splendor at the Ancona plant of Fincantieri. RSSC is brand of the Norwegian…
Italian PM Rejects Leonardo-Fincantieri Merger Rumors
Italian Prime Minister Giuseppe Conte on Wednesday dismissed press reports saying that the government was considering a possible merger between state-owned defense group Leonardo and shipbuilder Fincantieri."We are absolutely not thinking about mergers. There is nothing of the kind, nothing on the table. I've been informed about these press reports that quote government sources. I absolutely reject these rumors," Conte told reporters on the sideline of an event.Reporting by Lisa Di Giuseppe
Marine Propulsion: FPT Boosts Prospects with Fincantieri Partnership
FPT Industrial announced a partnership with Fincantieri, as FPT has been chosen by Fincantieri as a preferred partner to supply tailor-made powertrain solutions for its customers. The partnership includes FPT Industrial marine engines and auxiliaries, as well as ground power generators, and is dedicated to the worldwide market of commercial, patrolling and special applications, covering power ranges up to 1…
Captain Streeter Joins Fincantieri Marine Systems
Captain Matt Streeter, USN (Ret.) has joined Fincantieri Marine Systems North America in support of Isotta Fraschini engines for the U.S. Navy and other customers.
Fincantieri Marine Systems Completes Testing of Axe Engine
Fincantieri Marine Systems North America, Inc. has completed final sea trials and propulsion engine testing at the homeport of Morgan City, La. of the United States Coast Guard’s cutter Axe.
