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Fincantieri Marine Group Llc News

31 Oct 2022

MARAD Awards Nearly $39 Million in Marine Highway Grants

© raoyang / Adobe Stock

The U.S. Department of Transportation’s Maritime Administration (MARAD) awarded nearly $39 million in grants to 12 marine highway projects across the Nation under the America’s Marine Highway Program (AMHP). The funding will help expand marine highway services on the United States’ navigable waterways to reduce congestion, alleviate supply chain bottlenecks, and move goods more quickly from ships to shelves.“At a time of record demand for goods, it’s more important than ever to…

24 Jul 2018

MARAD Awards More Than $20 Mln to Small US Shipyards

Maritime Administrator Mark H. Buzby (Photo: MARAD)

More than $20 million in grant funding has been awarded to support capital improvement projects at 29 small shipyards in 22 states across the U.S.The funding, awarded through the U.S. Department of Transportation’s Maritime Administration (MARAD) Small Shipyard Grant Program, supports capital improvements that foster increased efficiency and economic growth.“These grants are an investment in our country’s small shipyards and will help create good jobs for America’s workers,” said U.S. Transportation Secretary Elaine L.

22 Feb 2017

USCG Awards Polar Icebreaker Contracts

U.S. Coast Guard Cutter Polar Star, a heavy icebreaker homeported in Seattle, Washington, rests in the ice as the motor vessel Ocean Giant departs from the National Science Foundation’s McMurdo Station, Feb. 1, 2017. One of the primary responsibilities of the Polar Star’s crew is to provide an escort for the Ocean Giant through the frozen Ross Sea off of Antarctica. (U.S. Coast Guard photo by Chief Petty Officer David Mosley)

The U.S. Coast Guard awarded five firm fixed-price contracts for heavy polar icebreaker design studies and analysis Wednesday. The contracts were awarded to the following recipients: Bollinger Shipyards, LLC, Lockport, Louisiana; Fincantieri Marine Group, LLC, Washington, District of Columbia; General Dynamics/National Steel and Shipbuilding Company, San Diego, California; Huntington Ingalls, Inc., Pascagoula, Mississippi; and VT Halter Marine, Inc., Pascagoula, Mississippi. The combined total value of the awards is approximately $20 million.

06 Aug 2015

Fincantieri, Gibbs & Cox Launch R&D Initiative

Fincantieri Marine Group LLC, the U.S. subsidiary of Italy’s shipbuilding giant FINCANTIERI S.p.A., and Gibbs & Cox, Inc., the independent naval engineering and design firm in North America, announced a joint strategic research and development initiative in the ship and vessel design arena. The initiative will focus on future ship and vessel concepts with applications within the United States as well as the international marketplace. It will investigate means of developing innovative ship concepts with improved affordability and production efficiency features. Giuseppe Bono, CEO of FINCANTIERI, said, “Bringing together FINCANTIERI and Gibbs & Cox’s complementary skills and expertise will offer innovative capabilities to the U.S. market.

26 Aug 2014

MN 100: Fincantieri Marine Group LLC

3301 S. Fincantieri Marine Group LLC (FMG) is the United States division of Europe’s largest shipbuilder, Italian group Fincantieri. FMG is one of America’s leading midsized shipbuilders for commercial and governmental customers. FMG runs three facilities in the Great Lakes region for shipbuilding, repair, outfitting and conversion: Marinette Marine, Bay Shipbuilding and ACE Marine. The Marinette Marine shipyard centers on design and production of U.S. Navy Littoral Combat Ships…

10 Jul 2009

MARAD Awards $17.1m in Shipyard Grants

The U.S. Department of Transportation’s Maritime Administration announced $17.1m in grants to 14 small shipyards in 10 states. The grants are part of the Assistance to Small Shipyards program. “Small shipyards are vitally important for the health of the maritime industry, and for the nation’s economy,” said Secretary of Transportation Ray LaHood. The purpose of the grants is to make capital and infrastructure improvements that facilitate the efficiency, competitive operations, and quality in ship construction and repair. Small shipyards fall into two categories: those with fewer than 600 employees, and those with between 600 and 1200 employees. All but two of the recipients announced have fewer than 600 employees. •    William E. •    Bay Shipbuilding Co.

09 Jul 2009

Awarded: $17.1m in U.S. Shipyard Grants

The U.S. Department of Transportation’s Maritime Administration today announced $17.1 million in grants to 14 small shipyards in 10 states. The grants are part of the Assistance to Small Shipyards program. “Small shipyards are vitally important for the health of the maritime industry, and for the nation’s economy,” said Secretary of Transportation Ray LaHood. The purpose of the grants is to make capital and infrastructure improvements that facilitate the efficiency, competitive operations, and quality in ship construction and repair. Small shipyards fall into two categories: those with fewer than 600 employees, and those with between 600 and 1200 employees. All but two of today’s recipients have fewer than 600 employees. -William E. -Bay Shipbuilding Co.