Monday, March 17, 2025

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.
President Claudia Sheinbaum stands at a podium at her morning press conference

Bloodless bullfighting and judicial elections: Friday’s mañanera recapped

3
Violence-free bull shows, the upcoming judicial elections and the new Canadian prime minister were topics of Friday's conference.
President Claudia Sheinbaum and US Ambassador to Mexico Ronald Johnson

Unilateral US military action in Mexico: Johnson says maybe, Sheinbaum says absolutely not

22
Trump's pick for ambassador to Mexico left the door open US military action against cartels — with or without Mexican involvement.
Shoes, clothes and backpacks marked with yellow forensic tags at a ranch in Teuchitlán, Jalisco

Feds will take over grim Teuchitlán case, Sheinbaum confirms

1
Advocates hope the horrific discovery will shed light on the causes of Mexico's missing persons crisis.