rss icon Subscribe
desktop mobile

Fincantieri: No Canceled Shipbuilding Orders to Date

File photo: Fincantieri

By Eric Haun

The coronavirus pandemic has not caused Italian shipbuilding giant Fincantieri to lose any of its existing orders, CEO Giuseppe Bono told a Senate defense committee.

While the company has not received any order cancellations to date, the company-one of the world's top cruise ship builders-said in its first quarter report that it is in talks with clients and subcontractors to discuss potentially stretching out order delivery times for vessels currently under construction and on order.

Fincantieri is also reportedly planning to boost naval vessel orders to help offset any delayed deliveries for cruise ship customers hard hit by the COVID-19 pandemic.

As of May 14, the group reports its total backlog is worth 31.9 billion euros ($35 billion) and includes 92 ships of various types due for delivery from its 20 shipyards around the world.

Fincantieri's first quarter production volumes sunk 20% due to coronavirus-related production pauses at all Italian shipyards and production plants in March and April. The shipbuilder has gradually resumed operations from mid-April.

May 26, 2020



GTT Inks Licensing Deal with Zvezda Shipbuilding

(Photo: Zvezda Shipbuilding)

French engineering firm GTT announced Thursday it has signed a Technical Assistance and License

iXblue Nav Systems Chosen for Gowind Warships

(Photo: Naval Group)

iXblue said it has been selected by Naval Group to supply navigation systems for two Gowind

Fincantieri Acquires Comms Equipment Supplier

(File photo: Fincantieri)

Fincantieri said it has acquired a majority share in communications equipment supplier Support


Chilean Navy Sailors Make New Friend after Rescuing Dog from Frigid Waters

Image Credit: Chilean Navy/Twitter

Chilean Navy sailors made a new best friend this week when they pulled a dog from the country's

Turkey Wants French Apology Over Mediterranean Warships Incident

French frigate FS Courbet (F712) (File photo: U.S. Navy photo by Jonathan Clay)

Foreign Minister Mevlut Cavusoglu said on Thursday Turkey expects France to apologize after an

France Suspends Role in NATO Naval Mission After Turkish Incident

File photo (U.S. Marine Corps photo by Caleb T. Maher)

France has informed NATO that it is suspending its involvement in a naval operation in the

Maritime Apps