Fincantieri Forms New Company in U.S.

Thursday, November 17, 2005
Italian shipbuilding powerhouse Fincantieri has formed a new company, Fincantieri Marine Systems North America, Inc. FDGM, Inc., the U.S.-based subsidiary of Fincantieri, will be absorbed by this new company. The establishment of this new company is part of the vision of the Fincantieri CEO Giuseppe Bono to enlarge its presence in the global maritime market. Drawing on the vast resources of the parent company and forming strategic partnerships with other U.S. companies, Fincantieri Marine Systems North America, Inc. is uniquely qualified to provide fully engineered and integrated propulsion systems and machinery plant solutions to the U.S. shipbuilding industry for naval and commercial vessels. Service to the U.S. Navy's mine warfare force will be enhanced to an even greater level as additional parent company resources are brought to bear. Fincantieri Marine Systems North America, Inc.'s parent Fincantieri, headquartered in Trieste, Italy, is a cruise ship builder with more than 50 percent of the market, a market leader in design and building of fast ferries, holding also approximately 40 percent of the Mediterranean and North Sea market share in cruise ferries greater than 150 meters in length, naval vessel building and design, state-of-the-art mechanical products, and high speed diesel engines. Fincantieri Marine Systems North America, Inc. will provide in-service support for the Isotta Fraschini non-magnetic diesel engines for the U.S. Navy's mine warfare fleet and for supply Isotta Fraschini diesel generators and the Ride Control System for the Lockheed Martin Design LCS. Fincantieri Marine Systems North America, Inc. will retain its corporate headquarters in Chesapeake, VA, and will continue to support the U.S. Navy's forward deployed mine ships through its locations in Ingleside, TX, Bahrain and Sasebo, Japan. Source: Fincantieri Marine Systems North America, Inc.
Maritime Reporter June 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

SUNY Maritime College Names ABS Chairs

The State University of New York (SUNY) Maritime College has selected Dr. Richard Burke and Dr. Christopher Clott as its inaugural ABS chairs following a comprehensive

Austal Starts Next US Littoral Combat Ship

Austal and the U.S. Navy held a keel-laying ceremony today for the future USS Manchester (LCS 14), marking the first significant milestone in its construction.

Conference to Delve into Hybrid Power & Propulsion

The first international Hybrid Marine Power & Propulsion Conference will be held at the RNLI Lifeboat College, Poole UK from October 6-8, 2015.   Shock Mitigation

Tanker Trends

Canada Slaps Sanctions on Russia Energy Firms

Canada slaps sanctions on Gazprom, other Russia energy firms   Canada is imposing economic sanctions against Russian energy firms such as natural gas producer

Tanker Converted to LNG-electric Propulsion

Bergen Tankers’ 95-meter-long chemical and product tanker Bergen Viking has returned to service following its conversion from diesel-electric to liquefied natural gas (LNG)-electric propulsion.

Dorian Delivers the Cobra

Dorian LPG Ltd., a leading owner and operator of modern Very Large Gas Carriers reported today that it took delivery of the ECO VLGC Cobra from Hyundai Samho Heavy Industries.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Navigation Pipelines Pod Propulsion Port Authority Ship Repair Ship Simulators Shipbuilding / Vessel Construction
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1442 sec (7 req/sec)