Fincantieri Orders Soar After Profit Report

Tuesday, September 25, 2007
Italian state-held shipbuilder Fincantieri SpA, the world's largest maker of luxury cruise ships, said its net profit was EUR26.5 million in the first half, in line with the figure for the same period in 2006. New orders rose by a record of EUR2.7 billion, up 34% from a year ago, bringing its total order book to EUR10.6 billion. Gross operating profit rose 26.3% to EUR76.8 million in the first half, the company indicated. Fincantieri is planning an initial public offering in 2008, but the company's time table could slip after the Italian government said labor unions must approve Fincantieri's business plan. [Source: Dow Jones]
Maritime Reporter March 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Navy

OSI to Integrate Software for UK Royal Navy

OSI Maritime Systems (OSI) announced the signing of a contract to integrate its flagship software, ECPINS-W Sub, into the U.K. Royal Navy’s T45 Destroyer Integrated Bridge System (IBS).

Today in U.S. Naval History: April 24

Today in U.S. Naval History - April 24 1778 - Continental Navy sloop Ranger captures HMS Drake 1862 - Battle of New Orleans; Union Navy under David Farragut

US Navy Completes Korea Ferry SAR Mission

With concurrence from South Korean commanders, the U.S. Navy amphibious assault ship USS Bonhomme Richard (LHD 6) is departing waters around Jindo, South Korea

Finance

ExxonMobil Donates $13.4 Million to 'United Way of Greater Houston'

ExxonMobil employees and retirees raised a record $13.41 million for the United Way of Greater Houston during its 2013 community campaign, which was the largest

Diamond Offshore Shares on the Rise

Diamond Offshore Drilling Inc, one of the world's top five offshore rig contractors, reported a better-than-expected quarterly profit as it cut drilling costs and hiked prices,

Ecochlor Raises $10m for BWT Maket

Ecochlor, Inc. announced that it has completed a $10 million equity financing to support its growth into the burgeoning ballast water treatment market. Since its formation in 2001,

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Navigation Offshore Oil Pipelines Port Authority Salvage Ship Electronics Sonar
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: 0.1648 sec (6 req/sec)