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

Lifting Specialists Modulift, IMES form Joint Venture

Lifting industry specialists Modulift and IMES have formed a joint venture to offer an integrated management service to clients internationally.   The two companies

Chinese PM Inks 2 Agreements During CMA CGM Visit

The CMA CGM Group hosted the Chinese Prime Minister, the French Foreign Affairs Minister and a ministerial delegation at its headquarters in Marseilles, July 1, the global shipping company announced.

Shell Green Lights GoM Field After Cost Cuts

Royal Dutch Shell has given the green light for the development of its largest platform in the Gulf of Mexico after making steep cost cuts which made the deep water

Tanker Trends

GTT Records Order for 2 LNG Tankers

GTT receives a new order from Hyundai Samho Heavy Industries for two LNGCs for Teekay   GTT, a designer of membrane containment systems for the maritime transportation

NAPA Streamlines Compliance with Class Design Rules

NAPA Steel and NAPA Designer updated to reduce man-hours and duplication associated with new Common Structural Rules BC&OT   Global maritime software, services

Kenyan Port Workers Strike Over Higher Health Costs

More than 2,000 workers at East Africa's biggest port in Kenya's coastal city Mombasa went on strike on Wednesday protesting an increase in the amount they will

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Navigation Offshore Oil Pipelines Pod Propulsion Ship Electronics Ship Repair
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: 0.1678 sec (6 req/sec)