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24 September 2020 The on-line newspaper devoted to the world of transports 15:48 GMT+2

September 7, 2020

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JSW Negotiations - Fincantieri for the possible settlement of shipbuilding business in Piombino

U.S. contract to Fincantieri Marinette Marine to develop Large Unmanned Surface Vessel design and engineering

Marco Carrai, executive vice president of Jsw Steel Italy, disclosed that the Italian companies of the Indian JSW group - JSW Steel Italy Piombino, Piombino Logistics and Gsi Lucchini - started a discussion with Fincantieri "to assess the possibility to allocate certain areas within the site Piombino's industrial operations to shipbuilding and shipbuilding large concrete cell modules for infrastructure seafaring seafaring.' In addition, he said, "we are studying in addition, the construction of ferries and dedicated dredging restoration and cleaning of the port seabed, as well as artificial reservoirs.'

"The project," Carrai added, "is part of a more broad and complementary context of initiatives, all compatible them, aimed at harnessing the potential of the industrial site Piombino. The steel hub is already considered significant importance for the Italian industrial fabric, for the human capital that is used in the plants and for the territory of the municipality of Piombino. Thanks to our strong footprint in the global steel industry, to the parent company's investments, global enterprise that ranks among the world leaders in the steel production, and geographical location and infrastructure at the Piombino industrial site, we are able to attract investors and technology partners to the creating an innovative cluster, among others, for projects contemporary steelworks.'

Meanwhile at Fincantieri Marinette Marine (FMM), a subsidiary Fincantieri Group, the U.S. Department of Defence and the U.S. Navy have awarded a contract worth seven million dollars to develop the project and engineering Large Unmanned Surface Vessel (LUSV), future large "unmanned" surface, i.e. able to operate unmanned on board. Fincantieri Marinette Marine was selected along with five other companies, each of which will develop the basic design within August 2021. The contract provides for the option for a further phase of study to develop detailed engineering, which if would extend the length of work until May 2022.

Fincantieri pointed out that the award process will follow the race pattern for the 10 new frigates FFG(X) missile launcher of the US Navy, won by FMM four months ago and including options, has a total value of 5.5 billion dollars.

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