Tag Archives: Fincantieri

Fincantieri’s Vard Lands €200 Million Contract for Five Advanced Walk-to-Work Vessels

(IN BRIEF) Fincantieri’s Norwegian subsidiary, Vard, has signed a €200 million contract to design and construct five Walk-to-Work vessels for an international client. The vessels, designed to support offshore oil and gas platforms, will feature hybrid propulsion systems, advanced motion-compensated … Read the full press release

Fincantieri and Crystal Partner on Luxury Cruise Ship with Focus on Eco-Friendly Innovation and Personalized Service

(IN BRIEF) Fincantieri and Crystal have finalized a major agreement for a new luxury cruise ship, designed to accommodate approximately 690 passengers with all-suite, high-end accommodations, including solo traveler options. This 61,800-ton vessel will feature premium interiors and a high … Read the full press release

VARD Signs Contract for Advanced Energy Construction Vessel for Wind Energy Construction AS

(IN BRIEF) VARD, a subsidiary of the Fincantieri Group, has signed a contract to design and build an advanced Energy Construction Vessel (ECV) for Wind Energy Construction AS, with delivery slated for Q2 2027. The vessel, built at Vard Vung … Read the full press release

Fincantieri Marinette Marine Secures $1 Billion Contract for US Navy Frigates

(IN BRIEF) The Department of Defense has awarded Fincantieri Marinette Marine (FMM) a significant contract exceeding 1 billion US dollars to construct the fifth and sixth Constellation-class frigates for the US Navy. This contract, part of a larger agreement signed … Read the full press release

Italian and French Navies Test Cyber Resilience in Tyrrhenian Sea

(IN BRIEF) In a groundbreaking exercise conducted during the Mare Aperto 24/Polaris operation, the Italian and French navies assessed the cyber resilience of their platform system networks aboard the Italian Navy’s aircraft carrier Cavour in the Tyrrhenian Sea. Spearheaded by … Read the full press release

Cunard Welcomes Queen Anne: Newest Jewel in the Luxury Cruise Line’s Fleet

(IN BRIEF) Cunard’s illustrious fleet gains a new gem as Queen Anne officially joins during a historic handover ceremony at the Fincantieri Marghera shipyard in Venice. Attended by dignitaries and industry leaders, the event marks the 249th ship under the … Read the full press release

Italian Energy Giants Forge Alliance for Maritime Decarbonization

(IN BRIEF) Eni, Fincantieri, and RINA, prominent Italian entities in energy, shipbuilding, and engineering consultancy respectively, have solidified an agreement to spearhead initiatives targeting the decarbonization of the maritime sector. Their collaborative efforts aim to develop sustainable alternatives, explore new … Read the full press release

Fincantieri Fortifies Innovation Leadership with MIT Industrial Liaison Program Membership

(IN BRIEF) Fincantieri, a prominent shipbuilding group, has announced its enrollment in the esteemed Industrial Liaison Program (ILP) at the Massachusetts Institute of Technology (MIT). This membership signifies Fincantieri’s commitment to fostering innovation and staying at the forefront of technological … Read the full press release

Fincantieri Launches “Masters of the Sea” Initiative to Address Shipbuilding Labor Shortage

(IN BRIEF) Fincantieri has introduced the “Masters of the Sea” project, a collaboration with the ELIS consortium, aimed at alleviating the shortage of skilled labor in the shipbuilding industry. This initiative, unveiled in Rome, entails a paid training program leading … Read the full press release

Windward Offshore Expands Order for Hybrid CSOVs from Vard

(IN BRIEF) The Windward Offshore consortium has exercised options to expand its contract with Vard, a subsidiary of the Fincantieri group, for the design and construction of two additional hybrid Commissioning Service Operation Vessels (CSOVs), bringing the total to four … Read the full press release

Fincantieri Earns Top Employer Italy Certification for the Third Consecutive Year in 2024

(IN BRIEF) Fincantieri, the Italian shipbuilding company, has been awarded the Top Employer Italy certification for the third consecutive year in 2024. This prestigious certification recognizes companies that excel in human resources strategies and policies aimed at enhancing employee well-being … Read the full press release

Fincantieri Earns Gender Parity Certification UNI/PdR 125:2022 from RINA

(IN BRIEF) Fincantieri, the Italian shipbuilding company, has become the first shipbuilder in Italy to achieve the Gender Parity Certification UNI/PdR 125:2022 from RINA (Registro Italiano Navale). The certification recognizes Fincantieri’s commitment to promoting gender equity and inclusion within the … Read the full press release

Fincantieri Set to Acquire Remazel Engineering in Subsea and Marine Energy Expansion

(IN BRIEF) Fincantieri S.p.A. is advancing its strategic development project within the Subsea and Marine Energy sectors through an agreement to acquire the entire share capital of Remazel Engineering S.p.A. from Advanced Technology Industrial Group S.A. The key details and … Read the full press release

Underwater IoT Breakthrough: Fincantieri and WSense Sign Collaboration Agreement

(IN BRIEF) Fincantieri, a leading shipbuilding company, and WSense, a specialist in underwater monitoring and communication systems, have signed a Memorandum of Understanding (MoU) to collaborate in the field of Underwater Internet of Things (UIoT). This partnership will explore various … Read the full press release

Partners Naviris and SIGEN Strengthen Naval Capabilities with Electronic Warfare System Modernization

(IN BRIEF) Naviris and SIGEN, a consortium of Elettronica and Thales, have signed a sub-contract for the modernization of the Electronic Warfare (EW) system as part of the Mid-Life Upgrade (MLU) of the Horizon-class naval units serving the Italian and … Read the full press release

Fincantieri Commits to Gender Equality with Endorsement of UN Women’s Empowerment Principles

(IN BRIEF) Fincantieri, a global shipbuilding company, has reaffirmed its commitment to promoting gender equality at work by endorsing the seven United Nations Women’s Empowerment Principles (WEPs). These principles include fostering a corporate culture focused on gender equality, ensuring the … Read the full press release

Vard and Windward Offshore to Construct Hybrid Commissioning Service Operation Vessels for Offshore Wind Support

(IN BRIEF) Vard, a prominent player in special ship construction under the Fincantieri group, has entered into a contract with the Windward Offshore consortium to design and build two hybrid Commissioning Service Operation Vessels (CSOV) for offshore wind farm support. … Read the full press release

Fincantieri Secures EUR 800 Million Financing Agreement with SACE Guarantees

(IN BRIEF) Fincantieri, the Italian shipbuilding company, has signed a significant EUR 800 million financing agreement with a 5-year tenor and a 3-year grace period. This facility, which aligns with the SupportItalia Guarantee under Legislative Decree No. 50 of May … Read the full press release

MSC Group Orders Two Hydrogen-Powered Luxury Ships as Part of €3.5 Billion Investment

(IN BRIEF) The Cruise Division of MSC Group has confirmed orders for two hydrogen-powered luxury vessels for its brand Explora Journeys. The €3.5 billion investment will also explore additional environmental technologies, such as alternative fuels like bio and synthetic gas, … Read the full press release

Fincantieri and Naval Group joint venture Naviris appoints new Chairman and CEO

(IN BRIEF) Naviris, the joint venture between Italian shipbuilder Fincantieri and French defense company Naval Group, has announced the appointment of Pierroberto Folgiero as Chairman, Damien Raby as CEO, and Enrico Bonetti as COO. The bi-national team is split evenly … Read the full press release