Fincantieri News

SOVs – Analyzing Current, Future Demand Drivers

At a high-level, there are three solutions to transferring technicians from shore bases to offshore wind farms for construction and O&M activities: crew transfer vessel (CTV), helicopter, and SOVs/CSOVs.SOVs and CSOVs generally house 60-120 technicians offshore for a few weeks at a time, allowing them to transfer to structures on integrated heave compensated gangways, by daughter craft or on CTVs. The vessels are also equipped with cranes, storage, and small workshop areas.SOV: Service operations vessels…

First in "Prima Plus Class", Norwegian Aqua Launched

The uniquely painted Norwegian Aqua was launched at the Fincantieri  Marghera (Venice) shipyard, the first vessel in the Prima Plus class for Norwegian Cruise Line's (NCL).With external work now complete, the yard and its partners will forcus on completing the ship for its scheduled April 2025 delivery.“We are thrilled to celebrate another milestone together with our partners at Fincantieri, who are an integral part of the Prima class ships' journey and support us in evolving the extraordinary experience we design and deliver to our guests…

Fincantieri Delivers Cruise Ship Queen Anne to Cunard

Carnival Corporation's Cunard cruise line announced it has taken delivery of its newest cruise ship, Queen Anne, from Italian shipbuilding group Fincantieri.The newbuild was officially handed over on Friday during a ceremony at the Fincantieri Marghera shipyard in Venice. The 114,000-ton ship spans 14 decks and has capacity for up to 3,000 passengers.Queen Anne, the 249th ship to sail under the Cunard flag – and the third built by Fincantieri – will now set sail for Southampton ahead of her seven-night maiden voyage to Lisbon on May 3. She will arrive in her homeport on April 27.

Marine News' 2024 US Shipbuilding Report

If nothing else, building vessels in the U.S. is a complicated business.In a session on the domestic shipbuilding marketplace, at Marine Money’s late-November 2023 conference held in New Orleans, Ben Bordelon, president and CEO of Bollinger Shipyards (with more than a dozen facilities, in Mississippi and Louisiana), described his company’s architecture as a “three-legged stool approach: commercial newbuilds, government newbuilds and repair/conversion capabilities”.On the same panel…

Leonardo Close to Selling Submarine Unit WASS to Fincantieri

Italian defense group Leonardo is close to finalizing a deal to sell its submarine unit Whitehead Alenia Sistemi Subacquei (WASS) to shipbuilder Fincantieri, Leonardo's chief executive said on Monday."We are talking days, not months," Leonardo CEO Roberto Cingolani told reporters in the port city of Genoa, in remarks confirmed by a spokesperson.The deal, expected to be worth between 200 million and 300 million euros ($213 million-$320 million), would be part of Fincantieri's broader strategy to grow through acquisitions and focus more on the fast-growing defence sector and strengthen its posit

Vard Unveils Resilience Military Vessels Series

Norwegian shipbuilder Vard, a subsidiary of the Fincantieri Group, has presented the next generation of military vessels - the VARD Resilience series.To answer the Norwegian Navy’s demands for the new vessels, VARD has developed VARD Resilience series with a design that meets the request for standardization, modularization, adaptation to the customer's needs and purpose of the vessel.According to Vard, the Resielince series has been designed with a long service life in mind.“One…

Keel Laid for US Navy's First Constellation Frigate

The U.S. Navy on Friday celebrated the keel laying of the lead ship of the Constellation class of guided-missile frigates, the future USS Constellation (FFG 62), at the Fincantieri Marinette Marine shipyard in Marinette, Wis.Secretary of the Navy Carlos Del Toro and Chief of Naval Operations Adm. Lisa Franchetti participated in the ceremony along with Wisconsin governor Tony Evers and Fincantieri Marine Group CEO Marco Galbiati.Hundreds of FMM shipbuilders gathered with guests inside the shipyard’s massive new climate-controlled Building 34…

Fincantieri Lands Norwegian Cruise Line Order for Four Next-Gen Cruise Ships

Fincantieri has received a highly significant order from Norwegian Cruise Line Holdings for the construction of four new next-generation cruise ships.The order entails the construction of two cruise ships for the Regent Seven Seas Cruises and two for the Oceania Cruises brands respectively.The ships designated for Regent Seven Seas Cruises, scheduled for delivery in 2026 and 2029, will boast a gross tonnage of 77,000 tons and accommodate approximately 850 passengers.Meanwhile…

NCL Orders Eight New Ships

Norwegian Cruise Line (NCL) has ordered eight new ships, the most comprehensive newbuild order in its history.The order represents nearly 25,000 additional berths, with new classes of ships for each of its three brands and the construction of a multi-ship pier at Great Stirrup Cay, the company’s private island destination in the Bahamas.The new ships are scheduled for delivery over a 10-year period, between 2026 and 2036. Following the delivery of four Prima-Plus class ships from 2025 through 2028…

Ex-Ulstein Chief Takes the Reins at Vard

Norwegian shipbuilder Vard, a subsidiary of the Fincantieri Group, has appointed Cathrine Kristiseter Marti as its new Chief Executive Officer (CEO).Starting from June 1, 2024, Marti will take over from the current CEO, Alberto Maestrini, who will remain in his position as Chairman of the Board.Maestrini will continue to lead the Offshore and Special Vessels business in Fincantieri and through this continue to support Vard’s integration in the Fincantieri Group.The appointment…

US Navy Shibuilding Schedules Hit by Supply Chain Woes

Virginia-class submarines, an aircraft carrier and frigates being built for the U.S. Navy are now years behind schedule because of skilled labor shortages, design issues, and supply chain challenges stemming from the pandemic, the Navy said on Tuesday.U.S. Navy Secretary Carlos Del Toro in January ordered a comprehensive review to examine national and local causes of the challenges to shipbuilding with Tuesday's results showing that five classes of ships being built for the U.S.

Fincantieri Scoops $1.27B Deal to Supply Two Patrol Vessels to Indonesia

Fincantieri and the Indonesian Ministry of Defense have signed a contract for the supply of two Multipurpose Offshore Patrol Vessel (PPA) units.The $1.27 billion (€1.18 billion) deal is part of the framework of collaborative relations initiated by the Italian Ministry of Defense.A PPA is a highly flexible ship with an outstanding technological standard. It has the capacity to serve multiple functions, ranging from patrol with sea rescue capacity to Civil Protection operations and first line fighting vessel.The vessels to be supplied by Fincantieri will be 143 meters long overall…

Fincantieri to Open Support Facility in Everett

This spring, Fincantieri Marine Repair (FMR) is expanding its presence to the Port of Everett with a new facility to support U.S. Navy assets.On March 12, the Port of Everett Commission unanimously approved a new one-year lease to establish an FMR office at the Port’s Marina Village at Waterfront Place.The U.S. Navy plans to homeport up to 12 new Constellation-class guided-missile frigates at Naval Station Everett, adjacent to the Port of Everett’s international Seaport. The FMR…

Eni, Fincantieri, RINA Team for Decarb Initiatives

Eni, Fincantieri and RINA signed an agreement to develop joint initiatives for the energy transition. The partnership formalizes the commitment to develop joint projects, in line with the partners' strategies, to decarbonize the maritime sector in the medium to long term with the goal of Net Zero by 2050. Additionally, the establishment of a permanent global observatory regarding future technological, regulatory, and market developments will be evaluated.The three companies will…

Saipem and Fincantieri Form Subsea Alliance

Saipem and Fincantieri have signed a memorandum of understanding (MoU) to evaluate commercial and industrial opportunities for cooperation in the field of autonomous subsea vehicles (AUV) and their integration with surface and underwater units.The MoU is among the initiatives aimed at promoting and developing Italy’s national excellence in the underwater sector.The agreement aims to enable the two companies to participate in major programs in the Italian and international markets in the area of surveillance and control of critical underwater infrastructure and rescue activities…

Master Boat Builders Delivers Tug for Seaside LNG/Polaris New Energy

Coden, Ala. shipbuilder Master Boat Builders on Monday announced it has delivered Tortuga, the latest tugboat to join Seaside LNG/Polaris New Energy fleet.Tortuga will connect with the barge Clean Everglades, delivered from Fincantieri Bay Shipbuilding in 2023, to form a Jones Act compliant articulated tug and barge (ATB) for bunkering liquefied natural gas (LNG).The new tug has an overall length of 109 feet and features two Caterpillar 3512E main engines, EPA Tier 4 certified and each producing 2,000 horsepower.

Fincantieri in Talks to Buy Leonardo's Submarine Unit Wass

Italian shipbuilder Fincantieri is in talks with Leonardo to buy the defense group's submarine unit Whitehead Alenia Sistemi Subacquei (Wass), several newspapers reported on Wednesday.Spokespersons for Fincantieri and Leonardo both declined to comment.The acquisition would have a value of between 200 and 300 million euros ($217-$326 million), Corriere della Sera and financial daily Il Sole 24 Ore reported.The move by Fincantieri would be part of the group's broader strategy to grow non-organically and focus more on the defence sector…

Fincantieri Joins MIT Industrial Liaison Program

Fincantieri joined the Industrial Liaison Program (ILP) of the Massachusetts Institute of Technology (MIT), a collaboration that is part of the route towards the implementation of the 2023-2027 Industrial Plan.MIT's Industrial Liaison Program is a program based on the membership of large organizations interested in long-term strategic relationships with the Massachusetts Institute of Technology.The agreement will become part of Fincantieri's commitment to innovate and be at the forefront in the development of new technologies on strategic issues…

Serco Joins VARD's Team Vigilance for Canadian Navy Build

Serco has signed on a team assembled by Vard Marine Inc. to replace the Royal Canadian Navy’s (RCN) Kingston Class Maritime Coastal Defense Vessels (MCDV) under Pillar Two of Canada’s National Shipbuilding Strategy.Vard Marine, a Fincantieri company, launched VIGILANCE in 2023 to "provide the RCN with a state-of-the-art, capable, operationally flexible, and globally deployable multi-mission naval vessel" that is designed, built and equipped in Canada.Other Team Vigilance partner companies include Ontario Shipyards…

Pearlson to Upgrade Shiplift at Australia's Osborne Naval Shipyard

Pearlson Shiplift Corporation, a subsidiary of The Pearlson Group, announced it has been awarded a multimillion-dollar contract to deliver a large capacity upgrade and extension for Australian Naval Infrastructure (ANI) in Osborne, South Australia.The works will be installed by McConnell Dowell, one of the largest construction companies in the region. Once completed later this year, Pearlson Shiplift Corporation will recommission ANI’s shiplift system as the largest in the Southern Hemisphere.“We are honored to be awarded this project - the largest in the region.

Fincantieri and EDGE to Launch JV for Naval Vessels Construction

EDGE Group, a United Arab Emirates-based advanced technology and defense group, and Fincantieri, one of the largest shipbuilders in the world, have entered into a term sheet aimed at creating a joint venture (JV) that will focus on the manufacturing of a broad range of sophisticated naval vessels.EDGE will hold a 51% stake in the venture, which has a commercial pipeline valued at approximately $32.4 billion (€30 billion), with management direction provided by Fincantieri.The Abu Dhabi-based JV will be awarded prime rights to non-NATO orders…

Vard to Build Cyan Renewables’ SOV for Taiwan’s Offshore Wind Farms

Vard, a Norwegian subsidiary of the Fincantieri Group, has signed a contract for the design and construction of a hybrid power service operation vessel (SOV) for the Taiwanese company Cyan Renewables.The news comes after Siemens Gamesa awarded a 15-year charter contract to Cyan Renewables for the SOV that will enter service at Hai Long 2, part of the Hai Long Offshore Wind Project, consisting of Hai Long 2 and 3 offshore wind farms in Taiwan.Siemens Gamesa Selects Contractor for…

Fincantieri Delivers Cruise Ship Sun Princess

Italian shipbuilding group Fincantieri announced it has delivered Sun Princess, the first in a series of two new liquefied natural gas (LNG ) fueled cruise ships for Princess Cruises.At about 178,000 gross tons, Sun Princess is the largest ship ever built in Italy, as well as the first LNG cruise ship ever built by Fincantieri, the shipbuilder said. The ship is also the first dual-fuel vessel powered primarily by LNG to enter the Princess fleet.Sun Princess is the first in Princess Cruises’ Sphere class. Its sister-ship is scheduled to be delivered in 2025.