Fincantieri Massively Invests in Shipyard for Latin America

Yucatán, Mexico is set to get an $220 million shipyard project investment by Italian shipbuilder, Fincantieri.

Updates to Progreso port in Yucatán, Mexico include a new ship repair, conversion, and maintenance yard, new docks, cranes and a dry port approximately 400m long to intake large cruise ships as well as container ships, tankers and other large vessels.

The governor of Yucatán, Mauricio Vila stated, “The project that Fincantieri has in Yucatán is to be able to carry out maintenance on cruise ships and platforms in the Gulf of Mexico. What they have told us is that in the medium term, from eight to ten years, we can also aspire to the construction of ships in Yucatán.”