The partnership

Fincantieri and the Italian Shipping Academy to train together officers on cybersecurity

Trieste - Fincantieri, through its subsidiary E-phors, specialized in providing cybersecurity services and products, has recently provided a pivotal training course in partnership with the Italian Shipping Academy, aimed at introducing deck officers to the basics of cybersecurity. The three-day training course is part of the Academy’s project – funded by the European Commission “Common Maritime Education Standards in the West Mediterranean”

Fincantieri

Vard Marine wins design contract for new Chilean Navy ship

Trieste - Chile’s ASMAR Shipbuilding & Ship Repair Company has awarded Vancouver, B.C., based Vard Marine (wholly owned by Vard AS, Fincantieri Group) a new contract for the design of an Amphibious and Military Sea Transport Ship for the Chilean Navy’s Escotillón IV Program. The multi-role vessels will be constructed at the ASMAR shipyard in Talcahuano, Chile

By Fincantieri

First U.S. built Great Lakes bulker since 1983 floated out

Trieste - The first U.S. flagged Great Lakes bulk carrier to be built on the Great Lakes in nearly four decades marked a key point in its construction with its recent float out from the graving dock. Being built for The Interlake Steamship Company at the Fincantieri Bay Shipbuilding yard in Wisconsin, the vessel which is named the Mark W. Barker is the first Great Lakes bulk carrier built domestically since 1983

Fincantieri

Vard secures contract for eight marine robotic vessels

Trieste - Fincantieri subsidiary VARD has signed a contract for the design and construction of eight robotic vessels for maritime operations worldwide for Ocean Infinity. In partnership with the client, VARD has developed the VARD 9 60 design

Arctic route

A $300 million order for ABB

ABB has secured a $ 300 million order from Daewoo Shipbuilding & Marine Engineering Co. to supply propulsion and power generation systems for six new vessels that will be used for the transport of liquefied natural gas 

Delivery at the end of 2022

Helsinki Shipyard wins order for hybrid expedition cruise vessel

Helsinki - Finnish shipbuilding company Helsinki Shipyard Oy has won an order from the British cruise line Swan Hellenic for a luxury expedition cruise vessel. The order comes at a very difficult situation for the global cruise and shipbuilding industry due to the impact of COVID-19 on traveling and demand for cruises

Died at 78

Lee Kun-Hee, force behind Samsung’s rise

Seoul - Lee Kun-Hee, the ailing Samsung Electronics chairman who transformed the small television maker into a global giant of consumer electronics but whose leadership was also marred by corruption convictions, died on Sunday

Newbuilds

Korea’s shipbuilding industry picks up thanks to Greece

Athens - On recent orders from Greek shipping companies, South Korea’s shipbuilding industry regained the No. 1 spot from China in the third quarter of this year, data showed Sunday. According to UK-based market research firm Clarksons Research, Greece placed orders for 18 ships worth 589,421 compensated gross tonnage from Korean shipbuilders this year

The shipyard crisis

Asia’s cruise giant receives payment from Germany

Berlin - Genting Hong Kong, the parent company of Crystal Cruises, Dream Cruises, and Star Cruises has secured a EUR 193 million, or $227 million payment from the German Government to keep its shipyards MV Werften afloat. As the owner of three major cruise lines, a casino in Manila which has been closed down, and MV Werften

In plan to end EU competition rules

UK shipbuilding set for major post-Brexit boost

London - Britain's shipbuilding industry could be in for a massive boost after Brexit with plans to end to European Union rules forbidding the Government from prioritising UK firms when handing out lucrative contracts for new vessels

The ceremony

T. Mariotti cuts steel for Seabourn's second newbuild

Genova - Steel cutting at the Cimar plant in San Giorgio di Nogaro for the second of the two ultra-luxury ships commissioned by the US shipping company Seabourn to the genoese T. Mariotti shipyard. The sister ship of "Seabourn Venture", whose delivery is expected in 2021, is still waiting to receive the name and will be completed in 2022

Owned company Marinette Marine shortlisted

Fincantieri to design the project of US Navy unmanned fleet

Trieste - The Department of Defense and the US Navy awarded to Fincantieri’s subsidiary, Marinette Marine (FMM), a $7 million contract for design and engineering work of the Large Unmanned Surface Vessel (LUSV), the future large-size unmanned surface vessels, able to operate without crew on board. Fincantieri Marinette Marine has been shortlisted with five other companies

The operation

Samsung Heavy Industries unveils innovations for Nigeria's shipbuilding industry

Seoul - Samsung Heavy Industries (SHI) is developing innovative methods to facilitate smart shipping by undertaking thorough research across their multiple research centres in Geoje, Daeduk and Pangyo in Korea. According to a statement issued by the company, the aim is not only to transform Samsung's shipyard at Geoje into a smart shipyard

The deal

Israel Shipyards supplies two OPV-45 vessels to an African Navy

Tel Aviv - Israel Shipyards announced July 9 the delivery of two OPV-45 Offshore Patrol Vessels to an African navy. The agreement to supply the ships was signed in order to provide significant protection against the increasing threat of piracy in the region. The agreement includes ongoing support and training of the technical and operational teams

Clarkson's data

Global shipbuilding orders at historic low in H1

Seoul - Global new orders of ships fell to a historic low in the first half of the year amid the coronavirus pandemic, industry sources said Tuesday. In the January-June period, global new shipbuilding orders totaled 5.75 million compensated gross tons (CGTs)

The COVID-19 effect

Hyundai Heavy Industries to merge shipbuilding, offshore units, streamline by 20%

Seoul - South Korea’s Hyundai Heavy Industries Co. said on Tuesday that it will merge shipbuilding and offshore & engineering divisions to streamline its mainstay business to survive coronavirus pandemic that has dampened global demand. According to the world’s largest shipbuilder, it will merge its shipbuilding and offshore operations July 1

Arctic Ocean

DSME wins order for two LNG facilities from Russia

Seoul - Daewoo Shipbuilding & Marine Engineering (DSME) announced on June 8 that it has won an order for two 360,000-square-meter LNG-barges from a Russian client for about 901.3 billion won. An LNG-barge is a floating LNG terminal in the sea. It is a facility that receives and stores LNG from icebreaking LNG carriers at sea and unloads it onto regular LNG carriers

The Covid 19 effect

Alang, 70% of the workforce at home

Dubai - There has been a slow and cautious easing of restrictions in ship recycling sectors across the Indian subcontinent markets as certain yards get back to work in Alang and a few vessels waiting for special permissions in Bangladesh have finally been allowed to beach this week.

The international fair

SMM falls victim to COVID-19, postponed to 2021

Hamburg will be much less busy this September after it was announced that SMM, the leading international maritime trade fair, has been postponed to 2-5 February 2021 in response to the coronavirus pandemic and its global impact

In April

Russia tops as No.3 world's shipbuilder nation

Seoul - South Korea ranked second to China in terms of shipbuilding orders for the second straight month, industry data showed Wednesday. Daewoo Shipbuilding & Marine Engineering Co. and others won orders totaling 230,000 compensated gross tons (CGTs) to build eight ships in April, trailing far behind Chinese shipbuilders that bagged 730,000 CGTs in orders to build 38 vessels

Covid-19

Meyer shipyard in Finland to cut up to 450 jobs

German shipyard Meyer Werft’s Finnish subsidiary on Tuesday started statutory talks to lay off up to 450 of its roughly 2,000 employees because of a hit to business from the coronavirus pandemic

After lockdown

European shipyards resume work

Genova - Several of Europe’s leading shipbuilders have announced plans to slowly resume operations after more than a month of disruptions. During the peak of the coronavirus, shipbuilders in Italy, France, Spain, and Germany were each forced to suspend operations

Fincantieri

Vard enters the renewable energy sector

Trieste - Vard signed a new contract for the design and construction of one Service Operation Vessel (SOV) for Ta San Shang Marine, a joint venture between MOL and Ta Tong Marine (TTM)

Coronavirus

EU shipbuilders predict cruise ship order cancellations

Bruxelles - European shipbuilding and ship equipment association SEA Europe is calling for government aid to help the industry weather the COVID-19 downturn, citing temporary shutdowns, order cancellations - particularly for new cruise ships - and project delays