Signing confirms Fincantieri’s long-term project for the Port of Ancona. which a presence that means work, innovation, for the entrepreneurial fabric 

Trieste/Ancona, ,Fincantieri has finalized a multi-decade concession agreement that will reshape its operations at the Port of Ancona, enabling a major expansion and modernization of one of Italy’s most strategically important shipyards.

The agreement—signed by Central Adriatic Sea Port Authority President Vincenzo Garofalo and Fincantieri CEO Pierroberto Folgiero—grants the shipbuilding group access to more than 314,000 square meters of land, waterfront, and existing infrastructure within the Ancona port complex.  The concession will remain valid until the end of 2064 and will allow the company to carry out and strengthen its shipbuilding activities.

A major development for the Ancona shipyard

Fincantieri has committed to investing €40 million for a major modernization and development of the capabilities for the Ancona shipyard. With the expansion of the yard, Fincantieri says it will make it increasingly competitive in the construction of large naval vessels. Ancona has not built naval vessels since the 1980s, but the company looks to expand its capabilities to realize the expected increase in naval shipbuilding as countries in Europe and elsewhere seek to increase their capacities. Fincantieri has been expanding its naval shipbuilding capabilities as it seeks to grow and diversify its business nd  relaunch the Marche-region site, making it increasingly competitive in the construction of large naval units

A new milestone in the shared path 

This step represents a new milestone in the shared path between Fincantieri and the Port Authority, initiated with the agreement signed in November 2023 and dedicated to the growth and innovation of shipbuilding activities within the Port of Ancona. The concession confirms the joint intention to enhance the strategic role of both the port and the shipyard, strengthening their contribution to the economic development of the region and of the Italian naval industry.

The future of the Ancona shipyard and Italian shipbuilding sector

Pierroberto Folgiero, Chief Executive Officer and General Manager of Fincantieri, stated:

“The signing of the concession represents a fundamental step for the future of the Ancona shipyard and for the entire Italian shipbuilding sector. Investing in Ancona means investing in the country’s ability to remain a leader in innovation and global competitiveness. With our development plan, we intend to transform the shipyard into a centre of excellence, where tradition and technology come together to create value for the region and for the entire industrial supply chain. Our commitment is to build, together with the Port Authority and local institutions, a sustainable and cutting-edge future for Italian shipbuilding.”

Related : Fincantieri: Order from NCLH for a third Prestige-class cruise ship

Another worldwide example of Made in Italy

 On the other hand Vincenzo Garofalo, President of the Central Adriatic Sea Port System Authority, stated: “Today’s signing confirms Fincantieri’s long-term project for the Port of Ancona. A presence that means work, innovation, and opportunities for the entrepreneurial fabric of the Marche and central Italy, which will continue to find in the Ancona shipyard a key point of reference. The construction of cruise ships, especially those in which the Ancona shipyard specializes, continues to grow and brings with it major environmental innovations and new onboard experiences. A unique capability, another worldwide example of Made in Italy excellence that attracts, engages and inspires. We are proud that these unique creations will continue to be brought to life in our port.”

Source : Press- Release

Vincenzo Garofalo و Made in Italy و Port of Ancona و Pierroberto Folgiero وFincantieri و Shipyard Expansion Plan Investment  , Ancona shipyard