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January 16, 2019

Fincantieri forms partnership to bolster port facilities in Italy

Italian shipbuilding company Fincantieri has signed a preliminary collaboration agreement with Cassa depositi e prestiti (CDP) and Snam for the development of port facilities in the country.

Italian shipbuilding company Fincantieri has signed a preliminary collaboration agreement with Cassa depositi e prestiti (CDP) and Snam for the development of port facilities in the country.

Under the terms of the agreement, the parties will work to identify and implement medium-term strategic projects to support the innovation of port facilities.

They also agreed to collaborate on the development of sustainable technologies for maritime transport aligned with the National Integrated Energy and Climate Plan Proposal (PNIEC) provisions.

Fincantieri and Snam will organise workshops to share technical skills with the financial support of CDP.

CDP CEO Fabrizio Palermo said: “Under this CDP agreement, Fincantieri and Snam will share their knowledge and technical expertise to make a concrete contribution to the competitiveness of maritime transport, a key sector for both the Italian and wider European economies.”

The agreement encompasses building necessary infrastructure at the ports and associated facilities to support the supply, transformation and use of liquefied natural gas (LNG). It also involves the development of maritime transport systems utilising new technologies and fuel sources.

“This agreement will allow us to enhance our wealth of experience and expertise in such a rapidly growing area.”

The companies will work together to improve operating models and initiatives to optimise energy consumption in the naval and industrial sectors.

Fincantieri CEO Giuseppe Bono said: “Environmental sustainability is fast becoming a significant megatrend. This agreement will allow us to enhance our wealth of experience and expertise in such a rapidly growing area.

“It’s a trend that impacts every industry, including the shipping sector.

“We welcome this important agreement between three Italian powerhouses, with the aim of increasing the positions of acquired leadership.”

The collaboration agreement may be subject to subsequent binding agreements between the parties.

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