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Fincantieri and Egypt’s Alexandria Shipyard Sign MoU

Our Bureau - : Mar 6, 2024 - : 11:27 pm

Fincantieri and Egypt’s Alexandria Shipyard signed a Memorandum of Understanding at DIMDEX 2024 to seek joint business opportunities.

The MOU will mainly focus on investigating new opportunities with the Alexandria Shipyard for new vessels to be built by the Alexandria Shipyard or other facilities. The two companies intend to collaborate on possible new orograms for the Egyptian Navy of any type of vessel of interest.

General Manager of the Naval Vessels Division of Fincantieri, Dario Deste, and the R. Admiral Hossam El-Din Ezzat Kotb, Chairman and CEO of Alexandria Shipyard, signed the MoU.

Alexandria Shipyard has a long track record in the field of military and commercial shipbuilding industries and has built modern corvettes for the Egyptian Navy. It builds various types and sizes of multipurpose vessels, offshore oil rigs and oil platforms.

Both Fincantieri and the Alexandria Shipyard are looking for new joint businesses opportunities and to be awarded a contract, by a prospective customer, for the supply of any type of vessel of interest.

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