Fincantieri Group Meets With New York Maritime Leaders

Executives of Italian ship repair yards of the F i n c a n t i e ri Group met recently with some 100 representatives of the maritime and shipowning community at the Whitehall Club in New York City.

Following a luncheon, Fincantieri president Rocco Basilico and the Italian Ambassador to the United States, Paolo Pansa Cedronio, discussed the capacity and productivity of the Italian shipyards.

Fincantieri is the largest shipbuilding and ship repairing group operating in the Mediterranean.

It is one of the seven holding companies of IRI (Istituto per la Ricostruzione Industriale), which is the leading financial and industrial group in Italy and among the first in Europe. Fincantieri controls 11 operating companies comprising the following: Nine shipbuilding yards representing 90 percent of the Italian shipbuilding capacity; 10 repair yards representing 70 percent of all Italian ship repairing capacity; and three mechanical workshops producing diesel and turbine engines, propellers, and auxiliary equipment.

The Fincantieri Group, through an appropriate distribution of its nine newbuilding yards, has set up a system that allows them to build ships of all types and sizes up to 350,000 dwt. Within the system, each shipyard has its own specialization, which enables Fincantieri to cope not only with any specific request for any kind of construction, but also to rely on the most qualified technicians and workers.

Close cooperation between the shipyards allows the Group to s o l v e c o m m e r c i a l or technical problems requiring highly qualified operative and technological assistance. The Group employs about 32,000 people.

The system concept is applied with particular efficiency also to the activity of the 10 repair yards.

They form an integrated production unit capable of giving fully qualified assistance at any time.

Tn these yards—enjoying a Central Mediterranean location—shipowners can find the solution to any problem they may have. This has been achieved not only through the specific capabilities of each yard but, above all, through the functional characteristics of the integrated system it is part of.

The Fincantieri ship repairing centers have at their disposal 28 dry docks for ships up to 400,000 dwt, and over 15,000 meters (about 50,000 feet) of completely equipped outfitting quays.

Maritime Reporter Magazine, page 14, Jul 1980

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