Fincantieri Reveals Plans for Major New Shipyard in Yucatan, Mexico
Mike Schuler
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November 27, 2020
FILE PHOTO: Fincantieri
Fincantieri Reveals Plans for Major New Shipyard in Yucatan, Mexico
Italian shipbuilding group Fincantieri has revealed plans to manage a major new shipyard in Mexico’s Yucatan state capable of servicing some of world’s largest cruise vessels, cargo ships and oil and gas vessels.
Fincantieri this week signed a letter of intent related to the project with the Yucatán Government offering Fincantieri a 40-year concession for the exclusive management of a new ship repair, conversion and maintenance yard at the Port of Progreso, the state’s main port located about 35km from the capital city of Merida. Fincantieri will also take part in the design and construction of the site.
The company said plans are to have two masonry dry docks, said to be “the largest in the Americas,” which will be able to hold ships up to 400 meters in length, “particularly cruise ships, large cargos and Oil & Gas vessels, which need complex operations,” Fincantieri said in a press release. The yard will also have a lifting platform for units up to 150 meters in length, about 1,000 meters docks, cranes, workshops, special equipment, offices, and warehouses, it said.
Construction is scheduled to begin in the first half of 2021 with completion by 2027 “after various steps,” the company said.
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