Largest investment: $ 220 million for the next shipyard

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The naval giant Fincantieri announced that it will increase its investment for the construction of a shipyard, the largest in America, in the port of Progreso, which will trigger job creation and the arrival of more companies related to the shipping industry to invest in the status, as stated in a bulletin.

The Italian company confirmed that in the first stage it will invest 150 million dollars, for which a letter of intent had already been signed months ago. He also reported that said investment increases to $ 220 million.

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Governor Mauricio Vila Dosal Vila Dosal yesterday visited the port of Trieste, where he met and toured the shipyard of the Fincantieri shipping company, “Arsenale San Marco”, the largest shipbuilder in Europe, and from where giants of the seas such as the “Crown Princess”, from the Carnival Cruise Line company.

Vila Dosal held working meetings at the main offices of Ficantieri in Trieste with the administrative director Fabio Gallia and with the director of service divisions, Giorgio Rizzo; as well as Daniele Fanara and Lawrence Zammit, vice presidents of marketing, strategy and sales.

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Subsequently, the governor made a tour of the “Arsenale San Marco” shipyard in Trieste, which is dedicated to the maintenance, repair, reconstruction and transformation of cruise ships and other vessels, whether in dry docks or floating docks. It was possible to observe its operation and thus appreciate an infrastructure that would be very similar to the Progreso port project. On this tour he was accompanied by Lawrence Zammit and Andrew Toso, Vice President of the Ship Conversions, Repairs and Services Division.

At these meetings, Vila Dosal greeted and spoke with Professor Alberto Marino, from the Department of Engineering and Architecture of the Naval Engineering Section of the University of Trieste, about the training of personnel, the training processes and how dry docks They are planned to be carried out in Progreso, and due to its much larger size than that seen in Trieste, it will allow all the aforementioned works to be carried out on the latest generation boats.

The professor learned about the capacities of the universities dependent on the State government, such as the Polytechnic University of Yucatán, the UTM and the Superior Technological Institute of Progreso, pointing out that he is sure that with the university superior technicians and the engineers who are graduating it will be much more rapid adaptation to work in the future Progreso shipyard.

Fincantieri plans to design and build a new ship repair, conversion and maintenance yard, which will include the fabrication of two masonry piers, the largest in the Americas.

With Vila Dosal’s visit to that company, it was confirmed that these Yucatan shipyards will have a dry port up to 400 meters long, where large ships will be received, particularly cruise ships, as well as large container ships and tankers that require complex operations.

The project includes a lifting platform for units up to 150 meters in length, approximately 1,000 meters of docks, cranes, workshops, special equipment, offices and warehouses.

This project will place Yucatán in the sights of the large shipping companies that will require its services and will also be a source of employment for its construction and subsequent start-up, especially for specialists in engineering, construction, naval engineering, design and equipment. among others, it is indicated.

The Fincantieri company, after the acquisition of the Norwegian group Vard in 2013, and 50% of the French shipyard STX France in 2018, multiplied its size becoming the fourth shipbuilder in the world, which designs and builds merchant ships, cruise ships and warships. It also actively collaborates in its repair.

This company is listed on the Milan Stock Exchange and the NASDAQ in the United States and currently has more than 20,000 employees on 4 continents spread over 18 shipyards in Italy, Norway, Romania, Vietnam, the United States, Brazil and Australia.

For Fincatieri the great moment of expansion occurred at the beginning of the 90s, managing to build its first passenger ship, the “Crown Princess” of the Carnival Cruise Line company. For the period 1993-2001, Fincantieri grew exponentially, building at that time 20 passenger ships, 16 ferries and 18 military ships, of which 13 were for the Italian Navy, possessing, in 1998, 8 shipyards.

In 2005, Fincantieri decided to expand, entering fully into yacht manufacturing, ship repair, and system and component design. By the end of 2008, it entered the North American defense market by acquiring Manitowoc Marine Group, renaming the brand Fincantieri Marine Group. Two years later, he expanded his presence to the Middle East, creating Etihad Ship Building LLC, with the aim of building and repairing warships for the countries of the Middle East.

With the investment to be made in Progreso, Fincantieri will have the largest shipyard in America and will generate a substantial change in the economy and quality of life for Yucatecan families, says the bulletin.

This trade mission not only seeks to return to the projects that were had in Yucatan before the pandemic, but to go further and explore new forms of investment in accordance with the new post-pandemic times in order to look to the future and be up-to-date. par and even one step ahead with the advancements in science and technology along with the needs that arose, it is claimed.

From the beginning of his administration, Vila Dosal made it one of his goals to position Yucatán as an attractive hub for large investments and companies that generate better-paid jobs and opportunities for social development, concludes the official bulletin.

Tour to EuropeInvestments

More about the project of the Fincantieri naval company for the port of Progreso.

Careers

The project also includes a lifting platform for units up to 150 meters in length, approximately 1,000 meters of docks, cranes, workshops, special equipment, offices and warehouses. This project will place Yucatán in the sights of the large shipping companies that will require its services and will also be a source of employment for its construction and subsequent start-up, especially for specialists in engineering, construction, naval engineering, design and equipment. among others, it is indicated in the bulletin.

World fourth

The Fincantieri company is the fourth largest shipbuilder in the world, as reported.

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