Giuseppe Bono News

21 Nov 2019

Ponant Orders Two Ships from Fincantieri

Image: Ponant

Italian shipbuilder Fincantieri has signed a memorandum of agreement (MoA) to design and construct two new-generation luxury expedition cruise ships for French cruise operator Ponant.The MoA also envisages an option for one further sister-ship. The finalization of the contract is subject to the fulfillment of technical and financial conditions.In the past, Fincantieri has already built for Ponant 4 ships in Ancona, "Le Boréal", "L'Austral", "Le Soléal", and "Le Lyrial", delivered respectively in 2010…

08 Nov 2019

Fincantieri: Vard Shipyard is Losing Money

Pic: Vard

Italian shipbuilder Fincantieri has posted higher earnings in the first nine months, but said the result was hit by losses at its Vard unit. Revenues increased by 9.7% at euro 4,254 million (euro 3,878 million at 30 September 2018).Fincantieri reported a positive performance of the Shipbuilding segment (+30.2% compared to 30 September 2018 despite the negative impact of Vard cruise projects) and was affected by the negative margin of the Offshore and Specialized Vessels segment.Positive operating performance at Group level…

29 Oct 2019

Eni-led Group to Build Wave Power Stations

Photo by Fincantieri

Italian oil group Eni is joining forces with shipbuilder Fincantieri, power grid group Terna and state lender Cassa Depositi e Prestiti (CDP) to develop wave power stations.The agreement, which follows the understanding signed last 19 April, will launch the first phase of a joint project to convert the Inertial Sea Wave Energy Converter (ISWEC) pilot project, an innovative system that transforms energy generated by waves into electricity, into an industrial scale power station…

29 Oct 2019

Fincantieri Presents "Carnival Panorama" in Marghera

Photo courtesy of Fincantieri

“Carnival Panorama”, the new ship of Carnival Cruise Line, a brand under Carnival Corporation & plc, the world’s largest cruise ship operator, was presented at the Fincantieri shipyard in Marghera (Venice) at the presence of the Italian Minister of Infrastructures and Transport Paola De Micheli.The ceremony was attended, among others, by Christine Duffy, President of Carnival Cruise Line, who was welcomed by the Chairman of Fincantieri Giampiero Massolo and the CEO Giuseppe Bono.The new unit is a sister ship of “Carnival Vista”…

31 Oct 2019

Naval Group, Fincantieri JV Named NAVIRIS

Photo: Naval Group

French shipbuilders Naval Group and Italy's Fincantieri announced the name of the 50/50  joint venture NAVIRIS.The name was presented during the recent Steering Committee held in Genoa (it meets every quarter alternatively in France and Italy) and is a new step in the strong collaboration between Fincantieri and Naval Group.The Alliance between Fincantieri and Naval Group represents a great opportunity for both groups and their ecosystems to enhance their ability to better serve the French and Italian navies…

16 Jul 2019

Paolo Thaon di Revel Launched

Photo: Italian Navy

Italy launched 'Paolo Thaon di Revel', the first unit in a new class of multipurpose offshore patrol ships (abbreviated to PPA in Italian).The launching ceremony of the PPA took place yesterday (July 15) at Fincantieri’s shipyard in Muggiano (La Spezia), in the presence of the Italian Minister of Defence Elisabetta Trenta.Godmother of the ceremony was Mrs. Irene Imperiali, nephew of the Admiral Paolo Thaon di Revel. The ceremony was attended among others by the Chief of Staff of the Italian Navy…

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 Jan 2019

Fincantieri: The Ninth Multipurpose Frigate Launched

Photo: Fincantieri

The launching ceremony of the “Spartaco Schergat” frigate, the ninth of a series of 10 FREMM vessels – Multi Mission European Frigates, took place at the integrated shipyard of Riva Trigoso (Genoa). The 10 FREMM vessels have been commissioned to Fincantieri by the Italian Navy within the framework of an Italo-French cooperation program under the coordination of OCCAR (Organization Conjointe de Cooperation sur l’Armement, the international organization for cooperation on arms).Godmother of the ceremony was Mrs.

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…

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 )

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…

20 Jun 2019

Italy Lauches Multipurpose Offshore Patrol Ship

Multipurpose Offshore Patrol Ship (PPA) “Paolo Thaon di Revel”. Image: Fincantieri

Italy has launched the Multipurpose Offshore Patrol Ship (PPA) “Paolo Thaon di Revel”  at Fincantieri’s shipyard in Muggiano (La Spezia).The launching ceremony took place in the presence of the Italian Minister of Defence Elisabetta Trenta, Godmother of the ceremony was Mrs. Irene Imperiali, nephew of the Admiral Paolo Thaon di Revel.The ceremony was attended among others by the Chief of Staff of the Italian Navy, Admiral Valter Girardelli, by Fincantieri’s Chairman Giampiero Massolo and CEO Giuseppe Bono.The PPA…

14 Jun 2019

French, Italian Shipbuilders Forge Naval Alliance

(Photo: Fincantieri)

France and Italy forged a military shipbuilding alliance on Friday, as state-controlled Naval Group and Fincantieri signed off on a 50-50 joint venture that will bid for Franco-Italian warship projects and sell to the world market.The alliance reflects the two countries' desire to fend off competition in naval shipbuilding from the likes of China, the United States and Russia.It is targeting orders worth up to 5 billion euros ($5.63 billion) over the next decade. Naval Group said the joint venture aims to build 10-15 warships in that period…

14 Jun 2019

Fincantieri, Naval Group Create JV

©A.DELUC SIRPA MARINE

Fincantieri and Naval Group signed the Alliance Cooperation Agreement, which sets out the operational terms for the incorporation of a 50/50 owned joint venture.The agreement embodies the contents of the “Poseidon” project” and paves the way towards a broader alliance aimed at reinforcing their military naval cooperation as well as creating a more efficient European shipbuilding industry.The agreement was signed by the CEOs of the two companies, Giuseppe Bono and Hervé Guillou, on board of the frigate “Federico Martinengo”, moored at the Naval Base of the Italian Navy in La Spezia.

10 Jan 2019

Fincantieri to Build Two New Ships for Norwegian's Oceania Cruises

Image: Oceania Cruises

The largest shipbuilder in Europe Fincantieri and the US Group Norwegian Cruise Line Holdings Ltd. signed a contract for the construction of two new generation cruise ships for the Oceania Cruises brand, with delivery scheduled respectively in 2022 and 2025, which will start the “Allura-Class”.The agreement has an overall value exceeding 1 billion euros.With about 67,000 tons and the capacity of accommodating approximately 1,200 passengers on board, these units will be the new flagships of Oceania Cruises future fleet…

15 Jan 2019

CDP, Fincantieri and Snam Join for Innovation of Ports

Photo: CDP

Italian investment bank Cassa Depositi e Prestiti (CDP), the largest shipbuilder in Europe Fincantieri and natural gas transmission company Snam teamed up to innovate port facilities in Italy and develop sustainable technologies for maritime transport.The preliminary collaboration agreement is aimed at identifying, defining and implementing medium-term strategic projects for the innovation and development of port facilities in Italy, as well as for the development of sustainable technologies applied to maritime transport…

06 Nov 2018

Fincantieri to Establish Cruise Hub in China

Image: Fincantieri

The cruise shipbuilder Fincantieri has signed contracts with  the Shanghai City’s District of Baoshan to set up a cruise hub."At the presence of the Deputy Prime Minister of Italy and Minister of Economic development and Labor Luigi Di Maio and the Chairman of Cassa depositi e prestiti Massimo Tononi, the Fincantieri CEO Giuseppe Bono and the District Mayor of Baoshan Fan Shaojun, within the development of the shipbuilding segments, set out by China, have signed the contracts aimed at creating a cruise hub…

09 Oct 2018

France-Italy Naval Shipbuilding Deal Still Being Examined

(File photo: Fincantieri)

A military shipbuilding alliance between Italy and France is still being examined but will require time given its complexity, the chief executive of Italy's Fincantieri said on Tuesday.Italy and France had aimed to outline such a deal by June after Fincantieri took control of France's STX shipyards in February.The agreement set the groundwork for a possible wider alliance between the two countries, merging France's Naval Group military shipyards with Fincantieri's, with the aim of fending off competition…

20 Jul 2018

Fincantieri Starts on Second Ship for Virgin Voyages

(Photo: Fincantieri)

A steel cutting ceremony held today at Fincantieri’s Sestri Ponente (Genoa) shipyard marked the official start of construction for the second of three cruise ships on order for Virgin Voyages (part of Virgin Group). During the event, Virgin Group Founder Sir Richard Branson and Virgin Voyages President and CEO Tom McAlpin, welcomed by Giampiero Massolo and Giuseppe Bono, Chairman and CEO of Fincantieri, also revealed the name of the series’  first ship, which is currently under construction at the yard: Scarlet Lady…

18 Oct 2018

MSC Cruises Orders 4 Luxury Ships at Fincantieri

Pierfrancesco Vago (Photo: MSC Cruises)

Geneva headquartered MSC Cruises announced plans to enter the ultra-luxury cruise segment with a memorandum of agreement (MOA) for the construction of four new vessels from Italian builder Fincantieri. The four cruise ships have a total value in excess of €2 billion and bring the number of MSC Cruises ships to be built by Fincantieri to eight.The first ultra-luxury ship is scheduled for delivery in Spring 2023, followed by one vessel per year thereafter.Pierfrancesco Vago, MSC Cruises’ Executive Chairman…

28 Aug 2018

Shipbuilders Fincantieri & CSSC Extend Partnership

(Photo: Fincantieri)

Shipbuilding giants Fincantieri and China State Shipbuilding Corporation (CSSC) have agreed to extend an existing cooperation spanning all fields of commercial shipbuilding.The firms signed a Memorandum of Understanding during a ceremony in Beijing, at the presence of the Italian Minister of Economy and Finance Giovanni Tria, the CEO of Cassa Depositi e Prestiti Fabrizio Palermo, the CEO of Fincantieri Giuseppe Bono, and the Chairman of CSSC Lei Fanpei.Under the deal, Italian shipbuilding group Fincantieri and China’s CSSC will discuss the possibility to extend their current collaboration…

23 Jul 2018

Princess Cruises Orders Two Record-setting Newbuilds

The Fincantieri-built Majestic Princess entered service for Princess Cruises in 2017 (File photo: Princess Cruises)

Italian shipbuilder Fincantieri said it has signed a memorandum of agreement (MoA) with Carnival Corporation brand Princess Cruises for the construction of two 175,000-ton cruise ships. The newbuilds, which will be the largest ships built so far in Italy, are slated to be delivered in Monfalcone in late 2023 and in spring 2025.The vessels will accommodate approximately 4,300 guests and will be based on a next-generation platform design, being the first Princess Cruises’ ships to be dual-fuel powered primarily by liquefied natural gas (LNG).“This revolutionary platform for next-generation…

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…

Maritime Reporter Magazine Cover Dec 2019 - Great Ships of 2019

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