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Silversea Cruises’ new ship Silver Dawn touched water for the first time today during her float-out at the Fincantieri shipyard in Ancona, Italy. The fitting out phase will now begin, and the ship is scheduled for delivery in November 2021. With the delivery of both Silver Origin and Silver Moon in 2020, Silver Dawn will become the 10th ship in the Silversea Cruises’ […]
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Authorities & Government, Business & Finance, Collaboration, Infrastructure, Market outlooks, Outlook & strategy
Italian shipbuilding major Fincantieri has received a one-month extension for its planned acquisition of the French counterpart Chantiers de l’Atlantique, Reuters reported citing a statement from the French Ministry of Finance. According to the report, Fincantieri accepted the offer. The proposal is being made as the proposal for the acquisition was set to expire today. […]
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Authorities & Government, Business & Finance, Project & Tenders
Italian shipbuilding heavyweight Fincantieri has signed a letter of intent (LoI) with the Ministry of Economic Development and Labour of the Yucatán State (Mexico) to design and construct a new ship repair yard. Under the agreement, Fincantieri will be granted a 40-year concession for the exclusive management of the new yard. The facility will be […]
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Equipment, Infrastructure, Vessels
Technology company ABB has secured an order worth around $150 million to deliver a comprehensive scope of technologies to power next-generation cruise ships being built by Italian shipbuilder Fincantieri
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Italian shipbuilder Fincantieri reported a 16% drop in revenues for the first nine months of 2020 reaching €3.53 billion, considerably impacted by the Covid-19 outbreak. The shipbuilder’s EBITDA stood at €200 million, down from €306 million reported in the same period in 2019, with an EBITDA margin of 5.7%, up from 5.0% first-semester margin (7.3% […]
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Equipment, Infrastructure, Innovation, Safety, Technology, Vessels
MSC Seashore, a yet-to-be-delivered cruise ship owned by Switzerland-based cruise line MSC Cruises, will become the first vessel to feature Fincantieri’s next-generation air sanitation technology.
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Fincantieri hosted a delivery ceremony on Wednesday at Monfalcone shipyard for Enchanted Princess, the 100th cruise ship to be delivered by the Italian shipbuilder in the last 30 years. Princess Cruises, a Carnival brand, welcomed the ship into its fleet in a virtually streamed ceremony. “Enchanted Princess is a special ship: she is, indeed, the […]
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Business developments & projects, Collaboration, Equipment, Exploration & Production, Research & Development, Technology
Fincantieri and Saipem have signed a memorandum of understanding to promote the development of deep-seabed mining (DSM). Specifically, this deal sets the ground in the field of designing, engineering, building and managing DSM systems. Deep-sea floors are rich in minerals, mostly sulphides, cobalt crusts and polymetallic nodules, essential to modern digital economy. There are no […]
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US-based Fincantieri Bay Shipbuilding has recently started building an LNG bunkering barge for NorthStar Midstream’s unit Polaris New Energy. The yard is a part of Fincantieri Marine Group, which is the US division of Italian shipbuilding giant Fincantieri. To mark the official construction start of the vessel, the shipbuilder held a private keel-laying ceremony at […]
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Italian shipbuilding major Fincantieri is focusing its efforts on renegotiating delivery dates of the secured newbuilding orders in order to preserve the acquired backlog. The majority of the company’s clients are looking at their capital expenditures and the possibility of delaying certain projects and payments in order to preserve cash at this very challenging time […]
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Fincantieri closed 2019 with record revenues driven by a significant increase in cruise ship production volumes.
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Business developments & projects, Operations & Maintenance
Fincantieri will further extend the work stoppage at all its military and cruise vessel production plants and offices.
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Fincantieri will further extend the work stoppage at all its military and cruise vessel production plants and offices.
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Fincantieri has suspended production activities at its Italian shipyards to curb the spread of the coronavirus.
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Fincantieri, Marakeb start collaboration in the field of autonomous technology.
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Ryndam is the third ship in Holland America Lines’ Pinnacle series.
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The agreement is worth about EUR 300 million.
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Costa Firenze, to be delivered end of September 2020, is Costa Cruises’ 2nd ship designed for the Chinese market.
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Vard Marine has recently completed the concept design of a new 5,400 cbm LNG bunker barge for Fincantieri Bay Shipbuilding.
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The European Commission opens an in-depth investigation into the acquisition of Chantiers de l’Atlantique.
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Fincantieri denies reports that EU antitrust authorities would commence an in-depth analysis of the Chantiers deal.
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Eni, Cassa Depositi e Prestiti, Fincantieri and Terna have inked an agreement to set up a company for the development and manufacturing of wave-energy power plants. The agreement was signed in Ravenna by the chief executive officers of Cassa Depositi e Prestiti, Fabrizio Palermo, of Fincantieri, Giuseppe Bono, of Terna, Luigi Ferraris, and of Eni, […]
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Carnival Panorama completed sea trials in June this year.
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Business & Finance, Research & Development, Technology
Eni, Cassa Depositi e Prestiti, Fincantieri and Terna have signed an agreement to set up a company for the development and manufacturing of wave-energy power plants. The agreement was signed in Ravenna by the chief executive officers of Cassa Depositi e Prestiti, Fabrizio Palermo, of Fincantieri, Giuseppe Bono, of Terna, Luigi Ferraris, and of Eni, […]
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Italian shipbuilder Fincantieri cut the first steel today for Cunard’s newest ship.