Fincantieri


Fincantieri S.p.A. is an Italian shipbuilding company based in Trieste, Italy. Already the largest shipbuilder in Europe, after the acquisition of Vard in 2013, Fincantieri group doubled in size to become the fourth largest in the world as of 2014. The company builds both commercial and military vessels.
The company is listed on the Borsa Italiana and is a component of FTSE Italia Mid Cap Index.

Overview

Fincantieri designs and builds merchant vessels, passenger ships, offshore, and naval vessels, and is also active in the conversion and ship repair sectors. The company also owned Grandi Motori Trieste, which constructed marine diesel engines, but this was sold to Wärtsilä in 1999.
Founded in 1959 as Società Finanziaria Cantieri Navali – Fincantieri S.p.A. as a State financial holding company, part of IRI, the company became a separate entity in 1984.
Fincantieri employs a staff of about 10,000 workers at eight shipyards, two design centres, one research centre and two production sites for mechanical components. Another 10,000 people contribute to its supply chains.
The shipyards of Monfalcone, Marghera, Sestri Ponente, Ancona, Castellammare di Stabia and Palermo report to the Merchant Ships Business Unit while the shipyards of Riva Trigoso and Muggiano report to the Naval Vessel Business Unit.
Fincantieri successfully completed the acquisition of Manitowoc Marine Group from its parent company The Manitowoc Company, Inc. on 1 January 2009, which consisted of two shipyards in Wisconsin, including Marinette Marine, which built the first. Fincantieri also purchased from Manitowoc Marine Group a topside repair yard in Ohio and one production plant in Wisconsin, making it one of the leading mid-sized shipbuilders in the United States for commercial and government customers, including the U.S. Navy and U.S. Coast Guard.
Already the largest shipbuilder in Europe, after the acquisition of Vard, formerly part of STX Europe, the Fincantieri group doubled in size to become the fourth largest in the world.
In March 2015, Fincantieri won its biggest ever independent order from Carnival Corporation & plc in a 4 billion euro deal commissioning the company to build five new cruise ships.
On 2 February 2018, Fincantieri announced an agreement for 50 per cent of STX France valued at 59.7 million euro.
In March 2018, Fincantieri established Fincantieri Services USA, a subsidiary based in Miami, Florida, USA.

2020s

In 2024, as part of a framework for strengthening European Defence, including Naval Defence, Fincantieri took over from Leonardo, the naval armaments sector of Whitehead Alenia sistemi subaquei, to complete the acquisition Fincantieri made a grouping of 10 to 1 of the shares and carried out a capital increase with the issue of new shares worth 400 million euros.
The capital increase operation is successfully completed on 11 July 2024.
In June 2024, the construction of the 4th new generation submarine of the Italian Navy was confirmed, for a total order value of 500 million euros.
On 18 July 2024, Fincantieri announced a partnership with Hera, for the optimized management of industrial waste produced on construction sites. This will allow Fincantieri to achieve ESG objectives within its shipyards.
On 5 February 2025, Fincantieri received from Norwegian Cruise Line a maxi contract worth 9 billion euros for four cruise ships with almost 226 thousand gross tons each to be delivered in 2030, 2032, 2034 and 2036 respectively.
On 30 July 2024, in the half-yearly report, Fincantieri confirmed orders for 7.6 billion euros, compared to 2.1 billion in the first half of 2023, and higher than the figure for the whole of 2023.
On 5 August 2024, The Italian Navy has ordered a new patrol vessel worth approximately 236 million euros from Orizzonte Sistemi Navali, the joint venture active in the defence business between Fincantieri and Leonardo.

Ships built at Fincantieri (selection)

  • 1967 –, a cruiser, for the Italian Navy
  • 1983 –, an aircraft carrier, for the Italian Navy
  • 1990 – Pacific Jewel for P&O Cruises Australia
  • 1991 – Pacific Dawn for P&O Cruises Australia
  • 1993 – for Holland America Line
  • 1993 – for Holland America Line
  • 1994 – MS Ryndam for Holland America Line
  • 1995 – Sun Princess for Princess Cruises
  • 1995 – Carnival Destiny for Carnival Cruise Lines
  • 1996 – for Holland America Line
  • 1996 – Dawn Princess for Princess Cruises
  • 1997 – for Holland America Line
  • 1998 – Sea Princess for Princess Cruises
  • 1998 – Disney Magic for Disney Cruise Line
  • 1999 – for Holland America Line
  • 1999 – Carnival Triumph for Carnival Cruise Lines
  • 1999 – Disney Wonder for Disney Cruise Line
  • 2000 – for Holland America Line
  • 2000 – for Holland America Line
  • 2000 – for P&O Cruises
  • 2000 – Carnival Victory for Carnival Cruise Lines
  • 2001 – for Holland America Line
  • 2002 – Carnival Conquest for Carnival Cruise Lines
  • 2002 – for Holland America Line
  • 2003 - Caribbean Princess for Princess Cruises
  • 2003 – for Uksnoy & Co A/S
  • 2003 – Carnival Glory for Carnival Cruise Lines
  • 2003 – Costa Fortuna for Costa Crociere
  • 2003 – Costa Magica for Costa Crociere
  • 2004 – for Holland America Line
  • 2004 – Carnival Valor for Carnival Cruise Lines
  • 2004 –, an aircraft carrier, for the Italian Navy
  • 2005 –, a destroyer, for the Italian Navy
  • 2005 – Costa Concordia for Costa Crociere
  • 2005 – Carnival Liberty for Carnival Cruise Lines
  • 2006 – for Holland America Line
  • 2006 – Costa Serena for Costa Crociere
  • 2006 – Carnival Freedom for Carnival Cruise Lines
  • 2007 –, a destroyer, for the Italian Navy
  • 2007 – for Holland America Line
  • 2007 – for Cunard Line
  • 2007 – Carnival Splendor for Carnival Cruise Lines
  • 2007 – for P&O Cruises
  • 2008 – Ruby Princess for Princess Cruises
  • 2008 – Costa Luminosa for Costa Crociere
  • 2008 – Costa Pacifica for Costa Crociere
  • 2009 – Carnival Dream for Carnival Cruise Lines
  • 2009 – for Holland America Line
  • 2009 – Costa Deliziosa for Costa Crociere
  • 2009 – for P&O Cruises
  • 2010 – for Cunard Line
  • 2010 – Costa Favolosa for Costa Crociere
  • 2010 – Carnival Magic for Carnival Cruise Lines
  • 2011 – Costa Fascinosa for Costa Crociere
  • 2012 – Carnival Breeze for Carnival Cruise Lines
  • 2013 – MS Royal Princess for Princess Cruises
  • 2014 – MS Regal Princess for Princess Cruises
  • 2014 – Costa Diadema for Costa Crociere
  • 2015 – MV Britannia for P&O Cruises
  • 2015 – Le Lyrial for Compagnie du Ponant
  • 2015 – MV Viking Star for Viking Ocean Cruises
  • 2016 – MV Seabourn Encore for Seabourn
  • 2016 – Seven Seas Explorer for Regent Seven Seas Cruises
  • 2016 – MV Viking Sea for Viking Ocean Cruises
  • 2016 – for Holland America Line
  • 2016 – Carnival Vista for Carnival Cruise Lines
  • 2017 – MV Viking Sky for Viking Ocean Cruises
  • 2017 – Majestic Princess for Princess Cruises
  • 2017 – MSC Seaside for MSC Cruises
  • 2017 – MV Viking Sun for Viking Ocean Cruises
  • 2018 – MV Seabourn Ovation for Seabourn
  • 2018 – MS Nieuw Statendam for Holland America Line
  • 2018 – Carnival Horizon for Carnival Cruise Lines
  • 2018 – MV Viking Orion for Viking Ocean Cruises
  • 2018 – MSC Seaview for MSC Cruises
  • 2019 – Sky Princess for Princess Cruises
  • 2019 – Carnival Panorama for Carnival Cruise Line
  • 2019 – MV Viking Jupiter for Viking Ocean Cruises
  • 2020 – Costa Firenze for Costa Crociere
  • 2020 – Enchanted Princess for Princess Cruises
  • 2020 – Scarlet Lady for Virgin Voyages
  • 2021 – MSC Seashore for MSC Cruises
  • 2021 – MV Viking Venus for Viking Ocean Cruises
  • 2021 – Valiant Lady for Virgin Voyages
  • 2021 – MS Rotterdam Holland America Line
  • 2022 – MV Mark W. Barker Interlake Steamship Company
  • 2022 – Resilient Lady for Virgin Voyages
  • 2022 – MSC Seascape for MSC Cruises
  • 2022 – MV Viking Mars for Viking Ocean Cruises
  • 2022 – Norwegian Prima for Norwegian Cruise Line
  • 2022 – MV Viking Neptune for Viking Ocean Cruises
  • 2023 – Norwegian Viva for Norwegian Cruise Line
  • 2023 – MV Viking Saturn for Viking Ocean Cruises
  • 2023 – Vista for Oceania Cruises
  • 2023 – Explora I for Explora Journeys
  • 2024 – Sun Princess for Princess Cruises
  • 2024 – MV Viking Vela for Viking Ocean Cruises
  • 2024 – Queen Anne for Cunard Line
  • 2024 – Explora II for Explora Journeys
  • 2025 – Mein Schiff Relax for TUI Cruises
  • 2025 – Star Princess for Princess Cruises
  • 2026 – Mein Schiff Flow for TUI Cruises

    List of shipyards

Cruise and ferry