Giuseppe Bono
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- Risk Breakers: Giuseppe Bono CEO, Fincantieri Maritime Logistics Professional, Q1 2013 #26
Risk is ubiquitous on the waterfront, and the effective identification, mitigation and management of that risk is critical to long-term success. Maritime Professional delivers insights from four acknowledged industry leaders from four distinct sectors and geographic regions as to the secret of their success.
RISK? Giuseppe Bono, CEO Fincantieri, knows a thing or two about risk. He’s at the head of what is arguably Europe’s largest, most diverse, progressive and aggressive ship construction entities, Fincantieri - Cantieri Navali Italiani S.p.A. Mr. Bono has his hands full combating lower-cost competition from the East, delicately balancing the convergence of a bad world economy, a worse Italian economy, a publicly owned shipyard with a new government coming, and increasing efficiencies while keeping the unions happy. Risk? Mr. Bono lives risk every day, yet still continues to win the lion’s share of global shipbuilding contracts. Matteo Bianchi, Maritime Professional correspondent in Italy, recently discussed with Mr. Bono the way ahead.
Eng. Bono, the year behind us was difficult for the shipbuilding industry worldwide, and for the Italian economy in particular. How do you consider Fincantieri’s 2012?
2012 has been an extremely difficult year, especially for shipbuilding. Total global investments have been little more than a quarter of those in 2007, resulting in a halving of the number of cruise ship orders. We’ve done our part by securing almost all of these orders and confirming the dual challenge we set ourselves: on the one hand, to focus on sectors that offer good opportunities for development, and on the other, to maintain our leadership in our traditional sectors.
2013 will be a year of change; Italy will have a new government, Fincantieri will have to conclude negotiations with the Unions ... What are you expecting for this year?
We have done our part, and we hope that the institutions responsible for supporting exports will continue to sustain those in this strategic industry for the national economy. We also hope that the unions and workers feel confident about the future by giving their utmost commitment to making our company ever more competitive. Without this determination, the results achieved this year, namely acquisition of basically all the new prototype cruise ships projects in 2012, will be hard to maintain.
Also with a strong determination this result will be hard to maintain, as the economy is still in downturn.
Since 1990, Fincantieri has been a world leader in the cruise ship sector; we have delivered 63 cruise ships. Another seven ships are being built or will be built between now and 2016 in the group’s shipyards. In addition to the ships under construction, Fincantieri has recently reached two important agreements: with the US group Carnival Corporation for the construction of two cruise ships for the Holland America Line and Carnival Cruise Lines, and with Viking Ocean Cruises for another two cruise ships. These results confirm Fincantieri’s world leadership in the cruise ship sector, even at a time of slowing demand.
Exactly one year has passed since Costa Concordia sunk off of Giglio Island. How is the relationship between Fincantieri and the largest cruise shipping company Carnival Corporation at the moment?
Carnival, and Costa Cruises in particular, remain for us and for the country, exceptional and indispensable investors. Out of 63 ships delivered 52 were for different brands in Carnival Group, 13 for Princess Cruises; Costa Diadema will be the 10th Costa ship built by Fincantieri in Italy since 2000, with a total investment worth almost 5 billion euros. We hope that this order is a strong signal for an upturn by a strategic sector for the country’s economy and the industry as a whole. Fincantieri, even in a difficult moment as today, is resolutely continuing its commitment in a particularly depressed market in order to gain whatever orders there might be, thus holding on to its position as world leader.
What does the purchase of STX OSV mean for Fincantieri?
This transaction is a source of pride for all Fincantieri’s employees and business partners. It marks the beginning of a new era for Fincantieri. The acquisition of STX OSV will further enhance our position as a leading international competitor. It will strengthen Fincantieri’s commitment to pursuing a strategy of diversification and development in order to retain our long-term competitiveness and generate important positive impacts for our Italian assets. I’m sure this is the right way forward to optimize our global leadership position in the high value-added end of the shipbuilding industry and to establish ourselves as champions of the Western world.(As published in the 1Q edition of Maritime Professional - www.maritimeprofessional.com)
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- MN 100: Fincantieri Marine Group LLC Marine News, Aug 2014 #22
. Packerland Drive, Suite D De Pere, WI 54115 E-mail: [email protected] Website: www.fincantierimarinegroup.com CEO of Fincantieri: Giuseppe Bono FMG’s President and CEO: Francesco Valente Number of Employees: 2,000 The Company: Fincantieri Marine Group LLC (FMG) is the United States
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- Costa Places $450m Order With Fincantieri Maritime Reporter, Mar 2004 #40
has brought Italy into line with the rest of Europe enabling Italian flag ships to operate internationally in a stable and competitive climate. Giuseppe Bono managing director of Fincantieri said "this new order of which we are particularly proud is further recognition of the excellence of our products
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- A Love of the Sea Takes Dreams to Reality Maritime Reporter, Apr 2003 #29
traditions. Rather than focusing on just the vessels themselves, Fincantieri's executive team, namely Executive Chairman Corrado Antonini and Giuseppe Bono, the company's CEO, approached the situation as an historical artifact. Therefore, the company sought the assistance of Fiora Steinbach Palazzini
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- Cruise Industry Seeks Fortune in China Maritime Reporter, Feb 2015 #24
a global and reference player in the sector, with a strong presence in all markets that can ensure the future of our business,” said Fincantieri’s CEO, Giuseppe Bono, in a press release. Survival Strategies The phrase “reference player” speaks to Blamey’s thoughts on why Fincantieri would want to help
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November 2023 - Maritime Reporter and Engineering News page: 20Legal Beat Second, ALJs may not perform duties inconsistent with sonable prior notice to all parties is not given, but it shall not their duties and responsibilities as administrative law judges. include requests for status reports on any matter or proceeding 5 U.S.C. § 3105; 5 C.F.R. § 930.207. This
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January 2023 - Marine Technology Reporter page: 44to be told about inventor Jacques Piccard and his Italian His skills as a problem solver reached those days but no room for them here... mechanic, Giuseppe Buono. Everything new heights when a serious failure with I was honored to serve with Master was ‘one-off’, when something was our pressure hull
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March 2020 - Maritime Reporter and Engineering News page: 66height of the COVID-19 Chairman of Fincantieri Giampiero Mas- name Bomin Linde LNG) at virus hysteria, which forced the ship to solo, and its CEO Giuseppe Bono. Fassmer. skip a planned stop in New York City on Scarlet Lady is 110,000 gross tons, a shakedown cruise with nearly 1,000 measuring 278 x 38
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March 2020 - Maritime Reporter and Engineering News page: 65path. the ? eet to seven identical vessels, the ? rst of which – World Explorer – entered service in 2019. Designed by Italian naval architect Giuseppe Tringali, the ships have an operating cruise speed of 16 knots and have hulls and propellers strengthened for use in ice, making them suitable
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February 2020 - Maritime Reporter and Engineering News page: 19pily walk past a broken handrail if there is a suitable alterna- passenger vessels” that was presented at the 2017 SNAME tive handhold. Meanwhile, when a new crew member comes annual meeting. SNAME recognized that the issues that aboard they reach where they expect to ? nd a handhold and Bruce presented
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July 2018 - Marine Technology Reporter page: 20MTR 10 0 placed the building blocks over 11+ years to en- able society to continue to thrive in a way that op- timizes conservation and economic development. As his MTR moniker “Mister Cluster” suggests, Jones is a ‘glue that binds’ sort of leader, working to link people, businesses and governments in
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October 2017 - Maritime Reporter and Engineering News page: 42MS World Explorer designed by sels in the Arctic alone, according to AIS meet an IMO Polar Code that takes spe- cial aim at passenger safety and safe, Giuseppe Tringalis and being built by data and Sawhill, a regular speaker at Photo: Lindblad Expeditions/ WestSea Yard — the high-time for ad- “various arctic
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July 2017 - Maritime Reporter and Engineering News page: 57Fincantieri Bouchard NIMASA BMT SCA L to R: SCA President Matthew Paxton with Rep. Claudio Descalzi and Garry Kenny Dr. Dakuku Giuseppe Bono Hunter and Richard McCreary Thrustmaster of Texas announced that Noble Corporation plc has selected tems, highly stable and has extensive in the world to deploy
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July 2017 - Maritime Reporter and Engineering News page: 56transport. sales, event planning and administrative neering and design. Southall succeeds ments. She will report directly to Gary Fincantieri CEO Giuseppe Bono and Eni support. Jennifer Boykin, who previously served Gysin, President and CEO. CEO Claudio Descalzi signed a Memo- in the role before being
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February 2017 - Maritime Reporter and Engineering News page: 10MARITIMELOGISTICSPROFESSIONAL.COM About the Author Joseph Keefe is the lead commenta- tor of MaritimeProfessional.com. Ad- ditionally, he is Editor of both Maritime Logistics Professional and MarineNews print magazines. He can be reached at [email protected] or at [email protected].
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Q1 2015 - Maritime Logistics Professional page: 40career coast guard Stepping Up for the Mariner By Walter J. U.S. Coast Guard and Maritime Law Association attorneys coordinate training to promote Brudzinski pro bono representation of mariners at Coast Guard suspension and revocation hearings. Mariner-respondents in Coast Guard suspension and revo-
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Q1 2015 - Maritime Logistics Professional page: 4MaritimeProfessional 42 16 24 54 58 Courtesy ISU 10 Mergers & Acquisitions 38 Safe Manning Practices 44 Statistics | | | MarPro contributor Captain Jeff Cowan ad- When it comes to Professional Recruitment: By Harry Ward dresses Overriding Operational Conditions and Experience Pays By Eric Peters asks
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February 2015 - Maritime Reporter and Engineering News page: 28in all markets that can building,” according to a CLIA Europe ensure the future of our business,” said June market report. Fincantieri’s CEO, Giuseppe Bono, in a The probable loss of cruise new builds press release. to Asian shipyards would be a blow to Eu- ropean shipyards, which have already lost
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August 2014 - Marine News page: 22Drive, Suite D De Pere, WI 54115 E-mail: [email protected] ncantieri.com Website: www.fi ncantierimarinegroup.com CEO of Fincantieri: Giuseppe Bono FMG’s President and CEO: Francesco Valente Number of Employees: 2,000 The Company: Fincantieri Marine Group LLC (FMG) is the United States
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June 1981 - Maritime Reporter and Engineering News page: 8EMD-Powered 'Gulf Condor' Delivered By Quality Shipyards Among those attending Hempel reception were (L to R): George Mara, vice presi- dent, Roland Marine, Inc.; Per V. Meulengracht, president, PVM Enterprises; Rod Vulovich, senior naval architect-ship construction, Sea-Land Service, Inc.; J.C.
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December 2001 - Maritime Reporter and Engineering News page: 46, Pietro Barbara S.p.A. Luca Bertani, General Manager, Finbeta, S.p.A., Giovanni Battista Bollorino, Owner, Marittima Fluviale Di Navigazione, S.p.A. Giuseppe Bottiglieri, Managing Director, Bottiglieri Di Navigazione, S.p.A. Jae Cheol Byun, President, JSM International Ltd. Paolo Cagnoni, General Manager
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July 2002 - Maritime Reporter and Engineering News page: 33Board of Directors of Fincantieri, chaired by Corrado Antonini, having accepted the resig- nation of Pier Francesco Guarguaglini, has appointed Giuseppe Bono as CEO of the Com- pany and given him the relevant powers. The Board of Directors warmly welcomed the new CEO and took the occasion to
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December 2002 - Maritime Reporter and Engineering News page: 34Both Sides Beginning in the mid-1980's via a brain- storm session for an innovative electron- ic charting system, by partners, Fosco Bianchetti and Giuseppe Carnevali, C- MAP has become a force in electronic charting. MR/EN recently traveled to the company's U.S. division, in the heart of historic
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March 2004 - Maritime Reporter and Engineering News page: 40brought Italy into line with the rest of Europe enabling Italian flag ships to operate internationally in a stable and competitive climate. Giuseppe Bono managing director of Fincantieri said "this new order of which we are particularly proud is further recognition of the excellence of our
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October 2004 - Maritime Reporter and Engineering News page: 24m iking protection and control easier. Recently I had the pleasure of being onboard the Caribbean Princess on a cruise in the Caribbean. Captain Giuseppe Romano invited me to the bridga where I had a very interesting discussion about AIS with the Snr. 1st Officer Heikki Laakkonen and the 1st Officer
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June 1969 - Maritime Reporter and Engineering News page: 40Oddone General Manager The board of directors of O.A.R.N. (Officine Allestimento e Riparazioni Navi) at its April meeting appointed Dott. Ing. Giuseppe Od- done general manager of the company. The management of O.A.R.N. now consists of Dott. Manrico De Rosa as president, Dott. Ing. Galliano
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August 1969 - Maritime Reporter and Engineering News page: 24Dillingham Transfers Emerson To Albina Parker C. Emerson has been transferred to Albina Engine and Machine Works' Engineering De-partment of the Dillingham Cor-poration. He is a naval architect and engineer who was formerly with the Oahu Railway and Terminal Warehousing Co. Ltd. He has also worked with
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June 1969 - Marine News page: 40.N. Appoints Oddone General Manager The board of directors of O.A.R.N. (Officine Allestimento e Riparazioni Navi) at its April meeting appointed Dott. Ing. Giuseppe Od-done general manager of the company. The management of O.A.R.N. now consists of Dott. Manrico De Rosa as president, Dott. Ing. Galliano Meneghetti
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Q1 2013 - Maritime Logistics Professional page: 26LEADERSHIPGiuseppe Bono CEO, FincantieriRISK? Giuseppe Bono, CEO Fincantieri, knows a thing or two about risk. He?s at the head of what is arguably Europe?s largest, most diverse, progres- sive and aggressive ship construction entities, Fincantieri - Cantieri Navali Italiani S.p.A. Mr. Bono has his hands