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CURRENT ISSUE

ARM MERCHANT SHIPS?
Should merchant ships transiting high risk areas carry small arms for defense against pirates?

Selected crew should be trained and have guns available
Professional armed security teams should be hired
No guns on merchant ships, ever

August 3, 2009

Fincantieri books two more naval export orders

Fincantieri has won orders worth a total €250 million that will see its Italian shipyards build a corvette for the United Arab Emirates Navy and a fleet tanker for the Indian Navy.

The contract for the 88 m "Abu Dhabi class" corvette for the U.A.E., due for delivery early 2011, includes an option for a sister ship and the provision of logistical support and crew training for crew.

The corvette's combat system will be supplied by Selex Sistemi Integrati, a company in the Finmeccanica group.

The Indian Navy order is the exercise of an option for a sister ship to a fleet tanker currently building at Fincantieri that is due for delivery in 2010.

Fincantieri CEO Giuseppe Bono commented: "These important orders constitute for our Group a significant signal of recovery in the naval export market, especially in view of the current crisis. They come on the heels of the recent awarding of the first orders in the Littoral Combat Ship program which involves our shipyards in the USA, and confirm that the company was right to take the strategic decision to be present in all sectors, from civilian to military."

Since January this year Fincantieri has gained orders in the naval sector for a total value of over €500 million.

TECHNICAL CHARACTERISTICS

The corvette for the U.A.E. will be 88 m long with a 12 m breadth and have a displacement at full load of 1,650 tonnes. It will be able to reach a speed of 25 knots with a range at 14 knots of over 3,000 sea miles thanks to 2 diesel engines of 7,000 kW. Accommodations will be available for a crew of approximately 70. The ship will mainly carry out patrolling and surveillance activities and may be employed in anti-submarine, anti-aircraft and surface activities. It will be able to exchange tactical data in real time with other naval vessels, helicopters and bases on shore and will be able to provide support and shelter for helicopters of the Emirate Navy. In addition to highly flexible operational capabilities, the vessel will also feature high standards of safety and living conditions for the comfort for the crew.

The Indian fleet tanker will be 175 metres long with a 25 m breadth, a height of 19 m and a displacement at full load of 27,500 tonnes. Powered by two diesel engines of 10,000 kW turning an adjustable pitch propeller, the ship will be able to reach a maximum speed of 20 knots. The vessel will have a flight deck for medium-heavy helicopters (up to 10 tons). Double hatches will enable the refueling of four ships at the same time. She will be able to accommodate approximately 250 people, including crew and supplementary personnel. The ship will have a double hull meeting MARPOL requirements.


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