Francesco Valente News

03 Aug 2018

Fincantieri Marine Group Announces CEO Succession

Dario Deste named Fincantieri Marine Group President and CEO

Fincantieri Marine Group, the U.S. subsidiary of Italian based shipbuilding enterprise Fincantieri, announced that its President and Chief Executive Officer, Francesco Valente, will step down from the position to assume another leadership role within the Fincantieri group.As a result, the Board has selected Dario Deste to assume the role of President and Chief Executive Officer. Valente and Deste are working together to ensure an orderly transition, which is expected to be completed…

19 Jul 2018

Wisconsin Shipyards Awarded Nearly $2 Mln in Grants

(File photo: Bay Shipbuilding)

Wisconsin shipyards Bay Shipbuilding and Fraser Shipyards have been awarded nearly $2 million in 2018 Small Shipyard Grants from the U.S. Department of Transportation (DOT), U.S. Senator Tammy Baldwin today.The Small Shipyard Grant Program helps small shipyards, like Bay Shipbuilding in Sturgeon Bay and Fraser Shipyards in Superior, repair and modernize equipment, and train workers.“In Wisconsin, and across America, small shipyards are considered the lifeblood of the maritime economy.

27 Jun 2018

Fincantieri Bay Shipbuilding to Build 740ft Self-Unloading Great Lakes Barge

Image: Fincantieri Marine Group

Fincantieri Bay Shipbuilding has signed an agreement with VanEnkevort Tug & Barge, Inc. to construct a new self-unloading barge for transportation of bulk products throughout the Great Lakes region. Measuring 740 feet in length (78 feet W, 45 feet H, 37,512 DWT), the vessel will be constructed in Sturgeon Bay, Wisconsin. VanEnkevort Tug & Barge, Inc. (VTB) of Escanaba, Michigan is a growing company operating three articulated tug and barges (ATBs) on the Great Lakes. This newest…

12 Jan 2018

Fincantieri to Adapt FREMM Frigate for US Navy

Fincantieri FREMM-FFG reference design vessel. Six of the 10 FREMM ships Fincantieri is constructing for the Italian Navy are in service. (Image: Fincantieri)

Shipbuilder Fincantieri Marine Group has announced further details on its plans to adapt its FREMM frigate, already in service for the Italian Navy since 2012, to design the U.S. Navy’s new guided-missile frigate, FFG(X). Fincantieri said it will lead an industry team, including Gibbs & Cox and Trident Maritime Systems, to design and build the ships at its U.S. shipyards, including Fincantieri Marinette Marine (FMM) in Marinette, Wisc. The FFG(X) design is based on FREMM, a multi-mission ship capable of conducting antisurface…

26 Jun 2017

Fincantieri Marinette Marine Wins Industrial Security Award

From left to right: Dennis Weaver, FMM AFSO/Security Coordinator; Jan Allman, FMM President and CEO; Nate Millsap, Director of Industrial Security; Francesco Valente, FMG President and CEO (Photo: Fincantieri Marinette Marine)

U.S. shipbuilder Fincantieri Marinette Marine (FMM) informs it has received the 2017 Defense Security Service James S. Cogswell Outstanding Industrial Security Achievement Award. The Cogswell award, given by the Defense Security Service (DSS), a federal security agency of the U.S. Department of Defense, is awarded to less than 10 percent of more than 13,000 industrial firms annually. The criteria focuses on the principles of industrial security excellence, which includes establishing…

07 Feb 2017

Fincantieri-led Team Submits Army MSV-L Proposal

Fincantieri MSV(L)’s reference design vessel (L‐CAT) going ashore during U.S.‐hosted multinational littoral warfare exercise Bold Alligator. (Photo: Fincantieri Marine Group)

Fincantieri Marine Group said it has submitted its proposal for the U.S. Army Maneuver Support Vessel - Light. Fincantieri leads an industry team comprised of CNIM, the designer of the Catamaran Landing Craft (L-CAT); Oshkosh Defense, a provider of tactical wheeled vehicles and life sustainment services; and other specialist partners, including Watercraft Logistics and FEDITC. “We’ve assembled a world-class team of industry partners in order to deliver to the U.S. Army a highly reliable…

26 May 2016

Bay Shipbuilding Delivers ATB to Moran

The Barbara Carol Ann Moran ready for christening ceremonies (Photo: Fincantieri Marine Group)

Fincantieri Marine Group’s Fincantieri Bay Shipbuilding (FBS) has delivered the Articulated Tug Barge unit (ATB) Barbara Carol Ann Moran and the 110,000-barrel barge Louisiana to Moran Towing Corporation. The 5,300-HP, 121-foot vessel is certified ABS Class +A-1 Towing Service, +AMS, and is equipped with state-of-the-art navigation and communications technology. The ATB unit was delivered on the exact day called for by the contract and will work the East Coast of the United States and the Gulf of Mexico.

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…

18 Jul 2014

Kirby Awards ATB Contracts to Bay Shipbuilding

Photo courtesy of Bay Shipbuilding

Bay Shipbuilding Company (BSC) of Sturgeon Bay, Wisconsin, a subsidiary of Fincantieri Marine Group (FMG), has been awarded a contract to build two 155,000-barrel capacity barges and two 6,000 HP tugs for Kirby Corporation. The vessels are to be operated as Articulated Tug-Barge (ATB) units and will haul petroleum and chemical products domestically. The first ATB unit is scheduled for delivery in the Fall of 2016 and the second unit will be delivered in Summer of 2017. Kirby Corporation…

14 Jul 2014

Bay Shipbuilding Awarded USCG Repair Contracts

Hollyhock (WLB-21)

Fincantieri Marine Group (FMG) subsidiary, Bay Shipbuilding Company (BSC) of Sturgeon Bay, Wisconsin, has been awarded a USCG contract for drydock repairs to the United States Coast Guard Cutter Hollyhock (WLB-21) and a second USCG repair and sustainment contract for the icebreaker Mackinaw (WLBB-30). Hollyhock is a Juniper Class Seagoing Buoy Tender measuring 225-feet long. The Mackinaw is a 240-foot heavy icebreaker for operations on the Great Lakes. Both ships were built by FMG subsidiary, Marinette Marine Corporation (MMC), and launched in January 2003 and November 2005 respectively.

28 Jan 2014

Multi-mission, Dual Design, Single Focus Littoral Combat Ships

(Credit: PRNews Foto/Lockheed Martin)

Last month marked the launch of two new Littoral Combat Ships: Milwaukee (LCS 5) launched by Marinette Marine into the icy Menominee River; and Jackson (LCS 6) launched by Austal into the far warmer waters found off of southern Alabama. While the two LCS variants and shipyard climates are a world apart, this innovate U.S. Navy ship production program has the common goal of fortifying U.S. defense interests while spurring investment in the creation of two state-of-the-art ship production facilities. Mid-December in Marinette, Wis., can be described with one word: cold.

Maritime Reporter Magazine Cover Mar 2019 - Cruise Shipping

Maritime Reporter and Engineering News’ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the world’s largest audited circulation magazine serving the global maritime industry, delivering more insightful editorial and news to more industry decision makers than any other source.

Subscribe
Maritime Reporter E-News subscription

Maritime Reporter E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

Subscribe for Maritime Reporter E-News