Sunday, January 11, 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.

Mexico’s week in review: U.S. attack on Venezuela rattles Latin America

0
In the aftermath of the U.S. strike on Venezuela, Mexico faced new challenges both at home and in the international arena.
News quiz

The MND News Quiz of the Week: January 10th

2
Apps, approval and Akron: Have you been paying attention to the news this week?
motorcycle delivery driver

Mexico’s formal jobs market struggled in 2025, but gig work saved the day

0
The job creation figures for 2025 would have been even more disappointing save for a pilot program that allowed delivery and app drivers to be registered within the IMSS, and thus be consider "formal."
BETA Version - Powered by Perplexity