Fincantieri News

26 Mar 2019

Can the Cruise Shipping Boom Continue?

MSC Cruises, the industry’s largest privately owned company, is in the midst of a $13 billion expansion which will bring its fleet, following the delivery of MSC Meraviglia in 2017, to 25 vessels by the mid 2020’s. Still on order are four Meraviglia class ships. Photo: MSC

As the global cruise industry enjoys it most robust period of growth ever, the question invariably becomes: How long can it last?Cruising, which is a blend of the hospitality and maritime businesses, continues to grow at a historic pace. The Cruise Trends & Industry Outlook publication from Cruise Lines International Association (CLIA) projects a passenger count of 30 million in 2019 – up nearly 2 million from the previous year. By year end 2019 CLIA members – a veritable ‘who’s who’ of the largest brands – will have 272 vessels…

18 Mar 2019

Fincantieri Starts Work on New Viking Ship

Photo: Fincantieri

The steel cutting ceremony of the seventh ship which Fincantieri is building for Viking took place  at the shipyard in Ancona, Italy.The new unit, whose delivery is scheduled in 2021, will be placed in the small cruise ship segment. As its sister ships, she will have a gross tonnage of about 47,800 tons, 465 cabins with accommodation for 930 passengers.The first of the series, “Viking Star”, has been built at the shipyard in Marghera and delivered in 2015. The other units, “Viking Sea”…

15 Mar 2019

MSC Orders Four Cruise Ship

Image: MSC Cruises

MSC Cruises and Italian shipbuilder Fincantieri  signed the final contracts for the construction of four luxury cruise ships.The announcement follows the initial signing of a memorandum of agreement between the two parties in October 2018. The contracts, subject to shipowner financing, have a total value exceeding $2.2 billion.As per the terms of the agreement, the first of the four ships will be delivered by Spring 2023. The remaining three will come into service one per year over the following three years through 2026.Pierfrancesco Vago…

13 Mar 2019

Fincantieri: Work Starts On New Holland America Ship

Photo:Fincantieri

The steel cutting ceremony of the third ship which Fincantieri is building for Holland America Line, a brand under Carnival Corporation & plc, cruise operator, took place today at the shipyard in Marghera (Venice).The new-build, scheduled for delivery in 2021, will be the seventeenth unit built by Fincantieri for Holland America Line, the third of the “Pinnacle” class, after “Koningsdam” and “Nieuw Statendam”, delivered respectively in March 2016 and November 2018 from the same yard.

12 Mar 2019

Fincantieri Begins Genoa Bridge Construction

Image: Fincantieri

The inauguration ceremony of the Fincantieri Infrastructure production plant took place today in Valeggio sul Mincio (Verona) in the presence of the Italian Prime Minister Giuseppe Conte.The first steel for the construction of the new Genoa bridge was also cut on the occasion.Fincantieri Infrastructure, incorporated two years ago, is the company through which Fincantieri operates in the field of infrastructures.Specialized in the design, fabrication and installation of steel structures for complex projects…

08 Mar 2019

Fincantieri Pact with Genova Industrie

Image: Genova Industrie Navali

Two Italian shipbuilders - Genova Industrie Navali (GIN), a holding company by two historic Genoese shipyards, T. Mariotti and San Giorgio del Porto, and Fincantieri -have reached a cooperation agreement covering different areas, from new buildings, to ship repair, conversions and outfitting.The agreement provides for the acquisition by Fincantieri of a minority stake in GIN Group’s holding company and an option for a minority stake in T. Mariotti.Fincantieri’s stake will allow GIN to achieve further financial strength…

04 Mar 2019

Italy's 5-Star Back Confirmation of Fincantieri CEO, Chairman

Italy's 5-Star Movement would be in favour of keeping the current chairman and chief economic officer of Fincantieri in their current jobs, a party source said on Monday.Fincantieri's Chairman Giampiero Massolo and CEO Giuseppe Bono come up for renewal at the annual general meeting.Italy's Deputy Prime Minister Matteo Salvini, leader of the right wing League party, also said on Monday he would back a confirmation of the two top executives, following media speculation the 5-Star wanted to replace them.(Reuters, Reporting by Giuseppe Fonte, writing by Alessia Pe, editing by Valentina Za )

04 Mar 2019

Fincantieri, Viking Sign For 2 Ships

In the context of the agreement announced in March 2018 for the construction of 6 ships, Fincantieri and Viking signed the contracts for the first 2 units, which will be delivered respectively in 2024 and 2025.In partnership with the shipowner, Fincantieri will develop an advanced project based on the successful characteristics of the previous ships, upgraded and revisited in line with the latest available technologies. Viking’s current ocean fleet includes ships having exclusively all-veranda staterooms, a gross tonnage of about 47,800 tons with accommodation for 930 passengers in 465 cabins.Fincantieri started its partnership with Viking in 2012.

01 Mar 2019

Le Maire: STX-Fincantieri Shipyard Deal to Happen

STZ France (Credit PEMA)

The merger of Italian shipbuilder Fincantieri with STX France will go ahead as planned, Finance Minister Bruno Le Maire said on Friday, speaking after a period of tension between the Italian and French governments."The STX-Fincantieri deal will happen because we want it, because it is our ambition and because it is in our interest to create a shipyard giant, notably in Asia," Le Maire said, speaking at a Franco-Italian business summit in Versailles also attended by his Italian counterpart, Giovanni Tria."I believe in this merger, I believe in a tie-up between France and Italy in naval matters

01 Mar 2019

Fincantieri Delivers Costa Venezia

Image: Costa Group

Fincantieri's Monfalcone shipyard handed over Costa Venezia - built specially for Chinese guests - to Costa Cruises, the Italian brand of Carnival Corporation, the world's largest cruise company.The handover took place yesterday in the presence of Italy's Deputy Prime Minister and Interior Minister Matteo Salvini and Deputy Minister of Infrastructure and Transport Edoardo Rixi, as well as Carnival Corp. & plc and Costa Group officials.With a gross tonnage of 135,500 tonnes, the 323-meter-long Costa Venezia offers 2…

28 Feb 2019

Fincantieri Open to Shipyard Acquisitions

Giuseppe Bono (Photo: Fincantieri)

Italian shipbuilder Fincantieri is open to new acquisitions in the sector as authorities review its purchase of French rival STX, CEO Giuseppe Bono said on Thursday.When asked about possible M&A activity in the future other than STX, Bono said: "Why not?".Italy's Deputy Minister Matteo Salvini, who was attending the same event in Monfalcone, said the idea of possibly replacing Bono was off the table.(Reuters, Reporting by Riccardo Bastianello; writing by Francesca Landini, editing by Steve Scherer)

28 Feb 2019

Fincantieri Cuts Steel for Qatar OPV

Image: Fincantieri - Qatari Ministry of Defence

The largest shipbuilder in Europe Fincantieri said that the steel cutting ceremony of the first patrol vessel (OPV - Offshore Patrol Vessel)ordered Qatari Ministry of Defence within the national naval acquisition program, took place yesterday (February 27) at the Muggiano (La Spezia) yard.The contract, amounting for Fincantieri to approximately 4 billion euros, envisages the supply of seven surface vessels, of which four corvettes, one amphibious vessel (LPD - Landing Platform Dock)…

25 Feb 2019

Viking Jupiter Delivered with Thordon COMPAC

Viking Jupiter has been delivered with a Thordon Bearings’ COMPAC seawater-lubricated propeller shaft system (Photo: Thordon Bearings)

Viking Jupiter, the 47,800gt cruise ship built at Fincantieri’s shipyard in Ancona, Italy for Viking Cruises, has been delivered with a Thordon Bearings’ seawater-lubricated propeller shaft system. It is the sixth Viking cruise ship to be fitted out with the COMPAC bearing arrangement.Two 930 passenger-capacity sisterships, Viking Tellus and Viking Venus, currently undergoing construction at Fincantieri and slated for delivery in 2021, have also been specified with the pollution-free Thordon system.

07 Feb 2019

Fincantieri Delivers Viking Jupiter

Viking Jupiter. Image: Viking Cruises

Fincantieri's Ancona shipyard has delivered Viking Jupiter, the sixth in a series of 930-passenger ships for Viking Cruises.The delivery ceremony took place this morning when the ship was presented at Fincantieri's shipyard in Ancona, Italy.On February 16, Viking Jupiter will be the first in Viking's fleet to sail the Journey to Antiquities itinerary, a new itinerary sailing between Athens and Rome offering guests the chance to experience the Mediterranean during the quiet season.During its maiden season, Viking Jupiter will sail itineraries throughout the Mediterranean and then Scandinavia.

13 Feb 2019

Scenic Eclipse Launch Delayed, Again

Pic: Scenic Luxury Cruises & Tours

The launch of Scenic Eclipse, which is touted as world's most luxurious cruise ship and  the world’s first “discovery yacht”,  has been pushed back to 15 August 2019.Scenic Luxury Cruises & Tours announced last July a five-month delay until January 2019, although that date was later amended to 13 April.The 228-guest Scenic Eclipse will now be a year late as the company announced it would take delivery of the new luxury vessel in August 2019.It is reported the shipyard has faced financial troubles…

15 Feb 2019

Shipbuilding: Fincantieri Starts on "Silver Moon"

Silver Moon (Photo: Fincantieri)

The keel laying ceremony of “Silver Moon”, the second of three new ultra-luxury cruise ships that Fincantieri is building for Silversea Cruises took place yesterday at the Ancona yard. The vessel will enter the ship owner’s fleet in 2020.“Silver Moon” will be a sister ship of “Silver Muse”, which took the sea in 2017, and of “Silver Dawn” due to delivery in 2021. At 40,700 gross tons and with a capacity to accommodate 596 passengers on board, she will maintain the small-ship intimacy…

07 Feb 2019

LCS Billings Delivered to U.S. Navy

File Photo: United States Navy

Within the Littoral Combat Ship Program (LCS), the consortium consisting of Fincantieri, through its subsidiary Fincantieri Marinette Marine (FMM), and Lockheed Martin Corporation, has delivered “Billings” (LCS 15) to the US Navy at FMM’s shipyard in Marinette, Wisconsin.The Fincantieri and Lockheed Martin team is currently in full-rate production and has delivered eight ships to the U.S. Navy to date.There are currently six ships in various stages of construction at Fincantieri Marinette Marine…

11 Feb 2019

Scarlet Lady Floats Out

Image: Virgin Voyages

“Scarlet Lady”, the first of four ships which Virgin Voyages ordered to Fincantieri, touched the water for the first time for Virgin Voyages on Friday at the shipyard in Genoa Sestri Ponente.The first ship from the new cruise brand of Virgin Group  starts revenue service from the Port of Miami in April 2020.Interior fittings will now begin, leading the ship to its delivery, scheduled at the beginning of 2020, said a press release from the shipyard.The event was attended, among others…

11 Feb 2019

Fincantieri Launches Seven Seas Splendor

(Photo: Fincantieri)

Regent Seven Seas Cruises (RSSC) launched its second extra-luxury cruise ship Seven Seas Splendor at the Ancona plant of Fincantieri. RSSC is brand of the Norwegian Cruise Line Holdings Ltd (NCLH) group.According to a press note from the Italian shipbuilding company, the delivery of Seven Seas Splendor, the sister ship to Seven Seas Explorer,  is scheduled for 2020.Like her sister ship Seven Seas Explorer, delivered by Fincantieri at the Sestri Ponente (Genova) shipyard in 2016, “Seven Seas Splendor” will be 55,000 gross tonnes with accommodation for 750 passengers.

14 Feb 2019

GE to Propel MSC Cruises Fleet

MSC Seaside. Image: MSC Cruises

GE’s Marine Solutions has once again been selected by MSC Cruises and Fincantieri to provide the marine electric propulsion technology for two new Seaside EVO ships, further driving the evolution of the Seaside Class next-generation mega cruise ships.This follows the delivery of the first and second ship – MSC Seaside and MSC Seaview – in the Seaside Class by the Fincantieri shipyard of Monfalcone.With a gross tonnage of 169,400 GT and a total guest capacity of 5,632, Seaside EVO ships will be the largest cruise ships ever built by the Fincantieri shipyard.

14 Feb 2019

Fincantieri Celebrates Cruise Ship Trio

Photo: Fincantieri

At Fincantieri's Monfalcone shipyard, Fincantieri and Princess Cruises celebrated three construction milestones of three “Royal” class ships.The festivities started with the traditional steel cutting for the sixth and last Royal-class ship, still unnamed, from the shipyard of Castellammare di Stabia (Naples). The section, once completed, will be transported by sea to the yard in Monfalcone, where the ship will be completed in 2022.Later in the day, in Monfalcone, the keel was layed for the Enchanted Princess…

14 Feb 2019

French Minister says Government Backs Fincantieri's Deal

The French government is in favour of Italian shipbuilder Fincantieri's acquisition of rival Chantiers de l'Atlantique, foreign minister Jean-Yves Le Drian told the newspaper Corriere della Sera in an interview."It's a good deal ... As far as the French government is concerned, we're in favour of this accord," Le Drian said.(Reporting by Valentina Za, editing by Larry King)

22 Feb 2019

Fincantieri in Pact with Abu Dhabi Shippbuilding

Image: Abu Dhabi Ship Building

Italian shipbuilder Fincantieri and Abu Dhabi Shipbuilding (ADSB) have reached a framework agreement to explore future forms of industrial and trade collaboration in the shipbuilding sector in the UAE.The accord is part of Fincantieri's development strategy in the Middle East based on fostering local activities both in the shipbuilding segment and in services and after sales activities in the region, a statement from Fincantieri said.The details of the accord between Fincantieri and ABDS - which is specialized in the construction…

Maritime Reporter Magazine Cover Mar 2019 - Cruise Shipping

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