With Donald Trump's second term as president of the United States, Started on January 20, 2025, the Group's business outlook Italian shipbuilding Fincantieri in the United States seem to have been greatly reduced. At the end of last year its subsidiary Fincantieri Marine Group (FMG) has lost its orders for four frigates of the Constellation program destined for to the US Navy ( of 26 November 2025). If the cancellation of orders is was attributed to delays in the implementation of the programme, and to the increase in costs, certainly on the group's prospects growth in the American market is weighed down by the weight of policies for the revitalisation of the maritime industry adopted by the current federal administration American that could also put companies in difficulty which, like Fincantieri, have construction bases in the USA ( of 5 March and 10 April 2025).

To be alarmed by the possible negative effects on their activities for the US market determined by the measures introduced by Trump were mainly shipbuilders South Koreans who have relaunched by announcing huge investments in the United States, seeking to align itself with the "America" policy First", and starting new collaborations with American partners.

In the summer, the CEO and general manager of Fincantieri, Pierroberto Folgiero, has confirmed the intention of the Italian group to develop in the United States, where it is currently major investments ( of 17 July 2025). To pursue this goal, the Trieste-based company seems to be following the same strategy as the South Korean shipyards. Today, in fact, Fincantieri Marine Group announced the establishment of the Forth Coast Shipbuilding Alliance with two U.S. shipbuilders from the Great Lakes region: Fraser Shipyards and Donjon Marine. Confirming that, just as South Korean companies, the three new partners have signed the agreement cooperation to align with the President's policies FMG, Fraser Shipyards and Donjon Marine explained that their collaboration is aimed at "bringing new shipbuilding programs and technologies in the Fourth Coast, in in line with the efforts of President Trump and his administration to quickly increase the activity of national shipbuilding.

Initially the Forth Coast Shipbuilding Alliance will compete the award of a contract for the construction of a icebreaker for the U.S. Coast Guard. «Our initial objective - explained the CEO of Fincantieri Marine Group, George Moutafis - is to provide the Coast Guard a ready-made solution for the construction of its Seven new lightweight icebreakers, and we invite others to join us in this and other potential projects, bringing together a significant volume of work at the Fourth Coast. The alliance with these established shipyards - specified Moutafis - remain open to other Great Lakes companies, in particular those with expertise in maritime technology and production". FMG manages three shipyards in the Great Lakes area, in the northeast Wisconsin.

"This alliance between shipyards in the Great Lakes - highlighted Fraser Shipyards CEO, Patrick Kelly – will encourage rapid mobilisation and collaboration between shipyards and maritime companies operating in the region, as We introduce new shipbuilding technologies. The Trump administration has proposed the Maritime Prosperity Zones to facilitate stronger relationships between industry partners and communities, in order to increase the capacity of at a time of renewed investment in the shipbuilding". "This alliance - added Donjon Marine President and CEO, John Witte, Jr. - reflects the kind of collaboration needed to expand the national industrial capacity and achieve important national shipbuilding programmes'.