Albanian Shipbuilding gets a Boost with Fincantieri MOU

Fincantieri has taken another step in establishing a long-term shipbuilding presence in Albania, signing a memorandum of understanding (MoU) to develop the skilled workforce needed to support the modernization of the Pashaliman shipyard and the country's emerging naval industrial base.

The agreement, signed with Albanian state-owned infrastructure company KAYO and the "Pavarësia" Vocational Institute in Vlorë, establishes training programs focused on shipbuilding and naval construction. The initiative is designed to create a pipeline of skilled workers to support the redevelopment of the Pashaliman shipyard, where the newly named joint venture, Fincantieri Albania, will oversee modernization efforts.

The signing ceremony was attended by Albanian Prime Minister Edi Rama, Defense Minister Ermal Nufi, Fincantieri CEO Pierroberto Folgiero, KAYO CEO Ardi Veliu, and Eugenio Santagata, General Manager of Fincantieri's Naval Vessels Division.

The workforce development program will combine classroom instruction, practical training and internships for students studying mechanical engineering, electrical engineering, thermo-hydraulics, transportation services, and information and communications technology. Fincantieri will contribute its shipbuilding expertise by helping develop curricula, training instructors, and transferring industrial know-how.

Training will focus on disciplines critical to modern naval construction, including hull fabrication, mechanical and electrical systems, HVAC installation, ship outfitting, painting, insulation, and vessel construction and maintenance.