European Commission Opens Antitrust Investigation Into Fincantieri’s Bid for Chantiers de l’Atlantique Shipyard

By Foo Yun Chee BRUSSELS, Oct 30 (Reuters) - Italy's bid to create a European industrial champion in the shipbuilding industry faces difficulty after EU antitrust regulators said Fincantieri's bid for Chantiers de l'Atlantique would significantly reduce competition. The European Commission said the deal between two global leaders in an already concentrated and capacity … [Read more...]

Photos: Cruise Ship Cut in Half, ‘Stretched’ in Italy

Fincantieri has cut Windstar Cruise’s Star Breeze in half as part of a $250 million project to “stretch” three cruise ships. The final cut in the hull of the Star Breeze took place at Fincantieri’s Palermo shipyard, marking the first major milestone in the process of inserting a 84-foot (25.6 meters) mid-section. Star Breeze is the first of three Windstar cruise ships to … [Read more...]

Fincantieri Bay Shipbuilding to Construct LNG Barge for U.S. East Coast Market

Fincantieri Bay Shipbuilding has been selected to construct an LNG barge to serve the U.S. east coast market. The vessel will be constructed at Fincantieri Bay Shipbuilding’s facility in Sturgeon Bay, Wisconsin. The newbuild LNG barge will be operated by Polaris New Energy (“PNE”), a new marine transportation company set up by NorthStar Midstream, a portfolio company of … [Read more...]

Steel Cut on First Great Lakes Bulker Built in Last 35 Years

Fincantieri Bay Shipbuilding has started construction on the first U.S.-flagged Great Lakes bulker in more than 35 years. A ceremonial steel cutting ceremony was held Wednesday by Fincantieri Bay Shipbuilding and Interlake Steamship Company at Fincantieri’s facility in Sturgeon Bay, Wisconsin. “The first cut of steel is a major milestone that signifies we, along with … [Read more...]

MSC Cruises Inks 2 Billion Euro Order for New Luxury Ships

MSC and Italian shipbuilder Fincantieri have announced the signing of the final contracts for the construction of four luxury cruise ships to join MSC Cruises fleet.  All four vessels will have gross tonnage of approximately 64,000 GT, 481 guest suites, and will feature the latest maritime and environmental technology. The first of the four ships is expected to … [Read more...]