Fincantieri awarded contract in India to build an Oceanographic Ship. Office to open in New Delhi soon.

08 feb 2006
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08 feb 2006
Fincantieri has signed a contract with the National Institute of Ocean Technology in Madras, India to build an oceanographic ship. The order, worth about 40 million euros, has been won by Fincantieri despite fierce international competition. The ship is due to be finished in 20 months from the moment work starts, expected within this month.

It will be about 104 meters long and about 18 meters wide and will be built at the Fincantieri shipyards of Riva Trigoso (Genoa) and Muggiano (La Spezia) by the company’s Naval Vessel Business Unit.

The vessel, suitable for any field of operation, including the polar regions, will be used for oceanographic and hydrographic research and will be a high-tech facility to study the marine environment.

During the course of its construction - carried out under quality assurance conditions - particular attention will be paid to reliability and maintenance. The vessel will be equipped with all the systems required to comply with the highest national and international standards for environmental respect. It has been designed to obtain the highest class qualification according to the requisites of the Indian Classification Society, the Indian Register of Shipping (IRS), and the Norwegian Classification Society Det Norske Veritas.

This contract further strengthens Fincantieri’s relationship with the Indian market. In 2004 the company obtained two contracts from the Cochin shipyard covering assessment of the entire ship’s design, responsibility for propulsion system integration, the supply of the engineering and detailed design of the ancillary propulsion systems and the ship’s main plants and relevant assistance during the construction, tests and sea trials for the new aircraft carrier “Air Defence Ship”, which is being built there for the Indian Navy with the help and support of Fincantieri,

Commenting on the new order the Chief Executive of Fincantieri Giuseppe Bono said, “We are particularly pleased for our recent engagements and relevant developments in the export market in naval shipbuilding. We are taking part in a number of tenders abroad in this field and I am convinced we will, once again, play an important role in the international market”. Mr. Bono then added, “To follow our activities in India better, and to further our commercial relations with the country, we have decided to open our own permanent office in New Delhi soon”.
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