Fincantieri and Princess Cruises signed an agreement for the construction of three new LNG-powered cruise ships. The vessel, part of a new “Voyager” class, will be built at Fincantieri’s Monfalcone yard, with deliveries scheduled for 2035, 2038 and 2039. While financial details were not disclosed
A flourishing cruise market and European shipbuilders’ unerring contractual success in the sector has taken orderbooks into the middle of the next decade, ensuring production continuity and underpinning fresh capital expenditure and R&D commitments by the continent’s foremost players.
Fincantieri has secured its first contract under the U.S. Navy’s Medium Landing Ship (LSM) program, marking an early step in what could become a 35-vessel procurement central to future expeditionary operations.The $30 million award to Fincantieri Marine Group covers long-lead materials procurement and engineering work for the first four vessels.
Italian shipbuilder Fincantieri reported a more than fourfold jump in its annual profit to 117 million euros ($136 million) on Wednesday, boosted by the underwater business line that saw 88% revenue growth.Shares of the Trieste-based company gained up to 7.5% shortly after the results.The state‑controlled shipbuilder reiterated its 2026 targets for revenue of 9.2 billion to 9.
Fincantieri has launched what it says will be the world’s first hydrogen-powered cruise ship. Viking Libra was floated out at the company’s Ancona shipyard in Italy and is being built for cruise operator Viking, with delivery scheduled for late 2026.At approximately 54,300 gross tons and 239 meters long, the ship will accommodate up to 998 passengers across 499 cabins
Fincantieri has launched Italian Navy’s newly built hydro-oceanographic ship (N.I.O.M.) Quirinale at its integrated shipyard in Riva Trigoso, marking a milestone in Italy’s maritime research and monitoring capabilities.The vessel, designated N.I.O.M. Quirinale, has been designed to support scientific mapping and monitoring activities and will operate in support of the Italian Navy Hydrographic
Fincantieri and the U.S. Navy have reached an agreement to redefine the future of the Constellation-class frigate program, ensuring work continues on the first two ships while cancelling four later units as part of a wider fleet review.The shift follows the Navy’s overhaul of its force-structure plans and aligns with new priorities aimed at accelerating next-generation ship designs and
Second of Two Large Car Ferries Ordered by Shinnihonkai Ferry and Japan Railway Construction, Transport and Technology Agency Second ferries in Japan to use a buttock-flow stern hull and ducktail design, providing energy savings of 5% Delivery scheduled for June 2026, planned to go into service between Otaru and MaizuruMitsubishi Shipbuilding Co., Ltd.
Davie Defense Inc. gives a first glimpse today of the “American Icebreaker Factory” – a planned $1 billion transformation of the historic Gulf Copper shipyard in Galveston, Texas.The American Icebreaker Factory concept was created in collaboration with Florida-based Pearlson, which has led major projects for leading American shipbuilders, including BAE Systems
U.S. Transportation Secretary Sean P. Duffy has announced that the Maritime Administration (MARAD) has awarded $8.75 million in grants to revitalize U.S. shipyards and advance America’s maritime dominance.The funding is part of the Small Shipyard Grant program, which supports advanced training, workforce development and new technologies that strengthen U.S. shipbuilding and repair capabilities.
Viking Vesta, the second of a new series of cruise ships that Fincantieri is building for the shipowner Viking, was delivered today at the Ancona shipyard.The ceremony was attended by Torstein Hagen, Chairman and CEO of Viking, and Luigi Matarazzo, General Manager of the Merchant Ships Business Unit of Fincantieri.The vessel belongs to the segment of small cruise ships.
Fincantieri and TUI Cruises, a joint venture between TUI AG and Royal Caribbean Cruises, have launched Mein Shiff Flow, a dual-fuel cruise ship newbuild.A sister ship to Mein Schiff Relax, delivered in February 2025, the new unit is scheduled to enter service in mid-2026.With approximately 160,000 gross tons