Fincantieri News

Fincantieri has re-launched the Fincantieri Foundation as part of its commitment to building a more inclusive world by bridging the past and the future.Established in March 2008, the Fincantieri Foundation is committed to the protection of the unique heritage of documents and artefacts related to civil and military shipbuilding, an "industrial archaeology" that also represents a cultural legacy for the country.The new era begins with the appointment of a new Board of Directors…

Each year, as we prepare for the largest U.S. based maritime industry conference in New Orleans, we tend to look back on the state of the industry and initiatives that were announced from the conference that took place the year before. 2023 provided us with plenty to talk about. In September of 2023, while the International Maritime Organization (IMO) and the global shipbuilding industry were fixated on “emissions” and alternative fuels, U.S. Secretary of the Navy Carlos Del Toro held the opening meeting of the Government Shipbuilders Council.

Viking Vela, the first of a new series of cruise ships that Fincantieri is building for the Viking shipowner, was delivered at the Ancona shipyard in Italy.With a gross tonnage of 54,300 tons and 499 cabins accomodating 998 passengers, Viking Vela is in the small cruise ship segment. It is the 13th ship delivered by Fincantieri to Viking , including the two expedition units built by the subsidiary Vard.

Marc-Henry Cruise Holdings, Joint Owner/Operator Four Seasons Yachts has appointed Anglo-Eastern as its ship management partner for its ultra-luxury yacht, Four Seasons I. Anglo-Eastern will oversee the technical management of the vessel, which is under construction at Fincantieri’s shipyard in Ancona, Italy. Four Seasons I is scheduled to commence commercial operations in 2026.

Norwegian shipbuilder Vard, part of Fincantieri Group, has secured Lloyd’s Register’s Approval in Principle (AiP) of the methanol fueling system for two offshore wind Commissioning Service Operation Vessels (CSOVs) being built for North Star.With the AiP, the two ships will be amongst the first prepared for conversion to green fuels in the wind market.The CSOVs are of VARD 422 design and are tailor-made for the UK’s infrastructure support vessel operator North Star, with new methanol ready hybrid-propulsion solutions.VARD 4 22 is Vard’s first methanol ready project…

While the U.S. Navy’s first Constellation-Class Frigate (FFG 62) is under construction in the United States, Norway is showing serious interest in the guided-missile frigate, as well as bolstering its longstanding strategic partnership with America.Last week Norwegian Minister of Defence, Mr. Bjørn Arild Gram, released a statement confirming that Norway is considering the Constellation-Class Frigate, as well as three other designs from outside the country. Norway is interested in procuring five or six ships…

Italian shipbuilder Fincantieri on Thursday raised its full-year forecast on revenue to "above" 8 billion euros ($8.43 billion), from "about" previously indicated, boosted by all business segments.The Trieste-based vessel maker reported a nine-month core profit (EBITDA) a 19% rise to 328 million euros, while its January to September revenue stood at 5.58 billion euros, up 3.7% yearly.Fincantieri's nine-month order intake totalled 8.5 billion euros, more than double the orders acquired in the same period last year.($1 = 0.9489 euros)(Reuters - Reporting by Romolo Tosiani; Editing by David Evans

Italian shipbuilder Fincantieri has received an order for a new cruise ship from U.S.-based cruise operator Crystal, following the exercise of the option granted under the two-unit agreement from June 2024.The value of the agreement, subject to financing and other terms and conditions, is considered as large, which for Fincantieri means it represents a value between $590 million to $1.07 billion.Crystal MoA for 2+1 Cruise Ship OrderThe new unit, as its sister ships, will boast a gross tonnage of 61…

Aiming to show the excellence of Italian shipbuilding, while describing the transformations taking place within and the technological evolution, too, Fincantieri launched "Open shipyards, view on the future", a roadshow that opens the doors of its construction sites to institutions. The initiative, which is in the beginning stage, saw the participation and visit of the plant by the Minister of the Interior Matteo Piantedosi, and will continue into 2025 with events at other sites in Italy.The event was introduced by the greeting of the President of Fincantieri Biagio Mazzotta.

Almacam is a leader in nesting-CAM software for shipyards. Philippe Rouzeau, Manager of the Shipyard Team, Almacam, explains how it solutions can help shipyards shave production costs and increase efficiency.Almacam is a 45-year-old, employee-owned company created by researchers that were mono-focused on developing nesting algorithms in a laboratory of Grenoble University, France, aiming to bring this nesting algorithm tech to the industry.According to Rouzeau, it is the world's only independent CAD-CAM software publisher offering CAM solutions across industries…

EDGE and Fincantieri have signed a memorandum of understanding (MoU) to collaborate on the design, development, and creation of advanced manned and unmanned underwater systems solution capability through their recently launched UAE-based shipbuilding joint venture MAESTRAL.The preliminary agreement will pave the way and boost for developing sophisticated solutions tailored to the unique underwater needs of navies worldwide.The collaboration marks EDGE’s first venture into underwater domain…

Fincantieri is open to all types of collaboration with the warship division of conglomerate Thyssenkrupp, but it is up to Germany to decide on a strategy for the unit, the CEO of the Italian shipbuilder said this week."Now is time for German institutions to understand what the best strategy is to give more value and strengthen (Thyssenkrupp Marine Systems).

Fincantieri and Viking signed contracts for the construction of two new cruise ships, which will build on the characteristics of previous ships already built in their Italian factories for this shipowner. The ships will be delivered in 2030. The value of the deal, subject to financing and other standard terms and conditions, has been defined as "large", or between 500 million and 1 billion euros.Fincantieri and Viking have also reached an agreement for a further 4 ships under option with deliveries expected between 2031 and 2032.

The U.S. Navy will commission the future USS Beloit (LCS 29), a Freedom-variant littoral combat ship, on Nov. 23, 2024, in Milwaukee, Wisconsin.As the ship’s sponsor, retired Army Maj. Gen. Marcia M. Anderson will lead the time-honored Navy tradition of giving the order during the ceremony to “Man our ship and bring her to life!” At that moment, the commissioning pennant is hoisted, and the Beloit becomes a proud ship of the fleet.Following its commissioning, the Beloit will depart Milwaukee for its homeport assignment of Naval Station Mayport in Jacksonville…

Vard, Norwegian subsidiary of the Fincantieri Group, has signed a new contract for the design and construction of one tailor-made Commissioning Service Operation Vessel (CSOV) for Navigare Capital Partners.The contract, established in close collaboration with Norwind Offshore in which Navigare Capital Partners holds a shareholding position, represents the first option to be exercised from the agreement signed in March 2024.In addition to this contract, Vard and Navigare Capital Partners have also agreed on two new options where the first one can be declared later in 2024…

Shipbuilder Fincantieri announced it delivered the fourth Multipurpose Combat ship (PPA), Giovanni delle Bande Nere, for the Italian Navy. The official handover took place at Fincantieri’s shipyard in Muggiano, La Spezia.The ceremony was attended, among others, by Vice Admiral Andrea Gueglio, Director of Italian Navy Military Personnel Directorate, by Admiral Chief Inspector Giuseppe Abbamonte, Director of the Naval Armaments Directorate - NAVARM, and Mr. Joachim Sucker, OCCAR Director…

The U.S. Navy announced it has accepted delivery of the second-to-last Freedom-variant Littoral Combat Ship (LCS), the future USS Beloit (LCS 29), from Lockheed Martin at the Fincantieri Marinette Marine shipyard in Marinette, Wis, on September 30.The 15th Freedom-variant Littoral Combat Ship and the 29th in the LCS class, Beloit is the first Navy warship named in honor of the city of Beloit, Wis.“Beloit is another shining example of what it means to finish strong,” said Capt. Matthew Lehmann, program manager of the Littoral Combat Ship program office.

Star Princess, the second liquefied natural gas (LNG) cruise ship that Fincantieri is building for Princess Cruises, was launched at the Monfalcone shipyard in Italy.A long list of dignitaries were on hand for the festivities, inlcuding John Padgett, President of Princess CruisesCristiano Bazzara, Director of the Fincantieri shipyard in MonfalconeGodmothers of the ceremony: Chiara del Vecchio, 3rd Engineer aboard the “Sun Princess”, and Francesca Maraventano, executive assistant at the Monfalcone shipyard.With a gross tonnage of approximately 178…

Fincantieri, Vard Marine (VARD) and Sandock Austral Shipyards forged a partnership to build ships in Africa -- aiming to effectively reshape the African maritime security landscape -- a collaboration centered on the Afrika Offshore Patrol Vessel (VARD 7 055), a 53-meter patrol vessel tailored for the country's operating environment. The deal gives exclusive marketing and manufacturing rights for the VARD 7 055 to Sandock Austral Shipyards across sub-Saharan Africa.Image courtesy VARD

Italian shipbuilder Fincantieri on Tuesday held a steel cutting ceremony marking the start of construction on the first of four next-generation Offshore Patrol Vessels (OPV) for the Italian Navy.The four new ships will be built at Fincantieri's Riva Trigoso shipyard in Genoa for scheduled delivery from 2027 onward. The contract also includes options for two additional vessels.The overall value of the first four ships, contracted by Orizzonte Sistemi Navali (OSN), a joint venture owned by Fincantieri (51%) and Leonardo (49%)…

Ponant’s Le Commandant Charcot became the first cruise ship to reach the North Pole of Inaccessibility on September 12.The North Pole of Inaccessibility is the point on the Arctic Ocean that is furthest from land. First described in 1909 by the Russian polar explorer Alexander Koltchak, the exact geographic coordinates were established in 2013 by Jim McNeill with the help of NASA and satellites: 85°48’ North, 176°09’ East. It is located at 1,465km (910 miles) from Utqiasuk in Alaska…

Fincantieri and MSC Group have celebrated the progress on the construction of cruise ships for the Explora Journeys fleet, marking the delivery of Explora II, the coin ceremony for Explora III, and the steel cutting for Explora IV cruise ships.The cruise ships are part of the fleet of six ships belonging to Explora Journeys, the luxury brand recently launched by the MSC Group.The first cruise ship was delivered in July 2023, and all vessels are built in Italy by Fincantieri, with a total MSC investment exceeding $3.85 billion (€3.5 billion)…

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.