Thursday, February 12, 2026

Italian shipbuilder announces US $150-million shipyard in Yucatán

An Italian shipbuilder has announced a US $150-million investment for a shipyard in Yucatán as part of the expansion and modernization of the port of Progreso.

The new shipyard will be built by Fincantieri, a multinational company with holdings in Europe, Latin America, the United States and Asia, and will serve as a base for the repair, remodeling and maintenance of large ships.

The project includes a plan to build two enormous masonry docks, which would be the largest in Latin America, the newspaper El Universal reported.

Fincantieri company executives confirmed the plan as Yucatán Governor Mauricio Vila Dosal toured some of their existing shipyards in Monfalcone, Italy.

The governor is currently on an economic promotional tour of Europe that aims to attract investment to the state and reactivate the economy.

Fincantieri shipyard in Castellammare di Stabia, Italy
Work on a ship by Fincantieri at its shipyard in Castellammare di Stabia, Italy. Fincantieri

Vila also met with and toured other marine industry companies, including ANPA and Marine Interiors, which both manufacture materials and parts used in ship construction and could have a presence in Progreso.

Marine Interiors is one of the leading manufacturers of cabins and bathrooms for cruise ships.

With reports from El Universal and Milenio

Have something to say? Paid Subscribers get all access to make & read comments.
dam level measurers

Cutzamala, the Mexico City area’s main water supply system, is getting its first upgrade in 4 decades

0
The system, which carries water from three México state dams to 5 million users in the Valley of Mexico and its surroundings, uses some of the largest pumping equipment in the world.
stacks of peso bills signaling corruption

Mexico ranks last among OECD countries on 2025 Corruption Perceptions Index

3
According to a global ranking of how transparent a country’s public sector is perceived to be by experts and business executives, Mexico scored 24/100 in 2025, down from its highest score of 35 in 2014.
EL PASO OCTOBER 24. FedEx departs the El Paso International Airport on the way to Memphis on October 24, 2014 at El Paso, Texas.

Did a Mexican cartel just try to attack El Paso?

2
The FAA lifted the temporary closure of airspace over El Paso just hours after it said in a Notice to Airmen that aircraft could not fly above El Paso until Feb. 21 for "Special Security Reasons."
BETA Version - Powered by Perplexity