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Ficantieri

Indonesia purchased 6 Fincantieri FREMM Frigates in June 2021.“The acquisition of an order of this magnitude allows Fincantieri to also assume global leadership in the surface ships sector,” CEO Bono said in a statement regarding the lucrative deal. In addition to the six huge weaponized ships the contract covers the refurbishment and sale to Indonesia of two ex-Italian navy Maestrale-class frigates. Italian company Leonardo will work on the Indonesian FREMMs, according to Ficantieri’s statement, which probably means that Leonardo will supply the combat systems. Fincantieri is the prime contractor and Indonesian state-owned shipyard PT-PAL is a party to the deal. Fincantieri did not release information about the profits they stand to make, but the US recently purchased one FREMM frigate for $553.9 million. Fincantieri worked with French company Naval Group on this water borne weapon. The two major European ship builders have plans to merge, cementing their power as Europe’s primary ocean arms dealers. Fincantieri/Leonardo will build the Indonesian boats at one of four shipyards they own in the US, Marinette Marine Wisconsin.

Fincantieri also produce most of the mega cruise ships that pollute our seas. While making a third of their profits from a waste industry - weapons - and generating further profits from the massively polluting cruise industry, Ficantieri is addressing anxiety about ecocide and climate breakdown with an elaborate greenwashing campaign. In 2019 they launched ‘Fincantieri for the Green Future, a new initiative aimed at raising awareness and bringing employees closer to the issue of the environment, making them protagonists of a process of continuous improvement. Fincantieri for the Green Future is a call to action, that is an invitation and a stimulus to provide a tangible contribution in favor of environmental protection with virtuous behaviors, small daily actions, simple gestures and attention to waste, starting from greater awareness and sensitivity on environmental sustainability in the Company.’