Romania in Fincantieri’s Game of Risk

Trieste - At the ceremonial cutting of the first sheet metal for the “Silver Muse”at Sestri Ponente, Fincantieri’s C.E.O. Giuseppe Bono mentioned that the workload acquired by Fincantieri over the last few months will make it necessary to subcontract some work out to shipyards outside of Italy

di Matteo Martinuzzi

Trieste - At the ceremonial cutting of the first sheet metal for the “Silver Muse” at Sestri Ponente, Fincantieri’s C.E.O. Giuseppe Bono mentioned that the workload acquired by Fincantieri over the last few months will make it necessary to subcontract some work out to shipyards outside of Italy, to meet the company’s commitments with shipowners. In particular, the subcontracted work will be low-tech jobs, some of which are already being sent both to shipyards controlled by the group (like Vard) and outside companies (Croatian shipyards in particular).

The first ship to be built using this concept of integrating the work of many different shipyards is the new Princess Cruises unit that is currently under construction at the Monfalcone plant: it is a very large unit (145,000 tonnes gross tonnage) which was laid out three weeks ago. Its hull should be completed in six months. To handle this tight timeframe, various work has had to be entrusted to other facilities beyond Monfalcone. So, the first section of the hull was built at Castellamare di Stabia, while other sections will be built at Ancona, Palermo and Marghera, as well as some work that has been handed off to the Rosetti shipyards in Ravenna.

However, the most significant issue is that some of the sections have been entrusted to foreign shipyards: four sections were subcontracted to Brodosplit in Split, and another two to the Tulcea shipyard in Romania. The Tulcea facility on the Danube River belongs to the Vard Group, a company that is directly controlled by Fincantieri. For this reason it is very likely that in the coming years more and more work will be sent to this site, in spite of the fact that its logistics situation is not ideal: all the sections that are built here have to travel to the Black Sea by barge, cross the Bosporus and the Dardanelles, bypass Greece and then sail up the Adriatic.

After the construction of the smokestacks of the Costa Diadema at the Scoglio Ulivi shipyard in Pola, followed by the debut of the Split shipyard with four sections of the prow of the “Carnival Vista”, the new frontier is now Romania, with the Tulcea shipyard. The goal is to integrate the work of various plants, allowing Fincantieri to respond to the latest explosion in demand.

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