Ferretti Group ready to buy a shipyard in Ravenna from Rosetti Marino
The San Vitale production plant is located on an area of 70.000 m2, with a 175 m long quay and a dry dock up to 180 m long.
According to rumors collected by SUPER YACHT 24 (and currently uncommented on, nor denied by, the companies directly involved), the Rosetti Marino group is close to selling its San Vitale shipyard to the Ferretti Group, giving up all or part of its shipbuilding business division.
In the nautical world, this deal is taken for granted by many industry insiders, as it's no secret that Ferretti, like other leading yacht and superyacht builders, is hungry for infrastructure and production capacity, which is driving them to acquire docks, yards, dry docks, and specialized workers. In the case of the San Vitale production facility, the Rosetti Marino group would cede a 70.000-square-meter area, with approximately 10.000 square meters of covered space, a 10.000-square-meter hull construction area, a 175-meter-long dock, and a 180-meter-long, 27-meter-wide, and 6-meter-deep dry dock.
Many naval vessels, such as tugboats, AHTs, supply vessels, and small ferries, have been built at this facility in the past, but in recent years the shipyard has been virtually unable to secure new orders from the shipping market (as evidenced by the near-zero financial results in this business area). To date, the only order under construction is a barge tug for the transport and supply of LNG, commissioned by Rimorchiatori Riuniti Panfido. Delivery was scheduled for last year but has been postponed to 2023.
For some years Rosetti Marino had also diversified its business by opening the Rosetti Superyacht business division and building a first 38-metre long Explorer (renamed Emocean and currently on sale) which will be followed by a second unit currently to be completed.
If this acquisition were to actually go through, as it appears, by next summer, it remains to be seen what the fate of the Rosetti Superyachts brand will be and whether the sale of the shipyard would imply a complete exit by Rosetti Marino from the naval business, remaining active and focused on the construction of plants for the oil and gas industry.
CLICK HERE TO SUBSCRIBE TO THE FREE SUPER YACHT 24 NEWSLETTER
The 2nd SUPER YACHT 24 Forum will take place in Genoa on April 12th.
