RINA and Fincantieri join forces in research and development for alternative fuels

By | 2022 Newsletter week 14 | No Comments

Italy’s classification society Rina and shipbuilder Fincantieri have signed a memorandum of understanding to develop synergies in the field of decarbonisation, with a focus on alternative fuels, carbon capture and renewable energies in the shipping sector.

The agreement sees the involvement of the two companies in initiatives related to technology scouting, the analysis, study and simulation of new fuels and energy vectors – in particular hydrogen and ammonia – and carbon capture.

RINA and Fincantieri will also co-participate in EU-financed R&D projects and engage in the development of “green finance”.

CDP, Fincantieri And Snam Team Up To Innovate Port Facilities In Italy And Develop Sustainable Technologies For Maritime Transport

By | 2019 Newsletter week 4 | No Comments

Cassa depositi e prestiti (CDP), Fincantieri and Snam have signed a preliminary collaboration agreement 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, in line with the provisions of the National Integrated Energy and Climate Plan Proposal (PNIEC).

In particular, the agreement focuses on LNG infrastructure, energy efficiency and alternative energy sources.

Fincantieri Extends The Cooperation With China

By | 2018 Newsletter week 35 | No Comments

Fincantieri and China State Shipbuilding Corporation (CSSC) have signed a Memorandum of Understanding for the extension of the industrial cooperation already existing between the two groups to all segments of merchant shipbuilding.

The agreement foresees the parties to discuss the possibility to extend their current collaboration, which counts a joint venture dedicated to the first cruise ships ever built in China for the local market and other related activities, including a number of research and development projects in several areas of the shipbuilding, including cruise-ferries.

Fincantieri’s 2017 results in line with Business Plan 2016-2020

By | 2018 Newsletter Week 12&13 | No Comments

Fincantieri noted record-high revenues exceeding EUR 5 billion, which is +13%.
EBITDA 341 million = +28%
Net result EUR 53 million = +279%

In a positive market, the yard group has a healthy order intake at EUR 8.6 billion (+31%).
The important order for new client Norwegian Cruise Line and the order for two new MSC Seaside class ships highlight the ability to attract new clients and retain existing ones.

With the new business plan, in 2022 the revenues will increase by up to approximately 50% (at current perimeter) and the EBITDA by up to approximately 100% versus 2017.


By | 2018 Newsletter week 10 | No Comments

Fincantieri To Lenghten Two Grimaldi Cruise Ferries

Fincantieri and the Grimaldi Group have signed a letter of intent for the lengthening of CRUISE ROMA and CRUISE BARCELONA.
The construction of the sections that will be inserted in the ships will begin in 2018, while the end of the operations is expected by the summer of 2019.
The work will be done on the Palermo site, which has a great experience in such jobs (MSC Cruises, Silversea…)
Their length will change from 225m to 254m. The lane meters will improve from 3,000 to 3,700. Passenger capacity will jump from 3,000 to 3,500.

Reducing environmental impact and energy savings will be achieved by scrubbers and a system of mega lithium batteries, to power the ship during port calls.

Photo: Mike Louagie