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Home» News»EU Finances the Construction of 3 New Hydrographic Vessels for the Italian Navy
EU Finances the Construction of 3 New Hydrographic Vessels for the Italian Navy
Artist impression of the future hydrohraphic vessel of the Italian Navy. Italian MoD picture.

EU Finances the Construction of 3 New Hydrographic Vessels for the Italian Navy

The Italian Ministry of Defense announced that the European Investment Bank (EIB) will help finance the construction of three new Hydrographic vessels for the Italian Navy. These vessels will be used for seabed mapping, creation of nautical charts, navigation safety and research on climate change.

Xavier Vavasseur 03 Nov 2020

The European Investment Bank is the lending arm of the European Union. It is the biggest multilateral financial institution in the world.

With an innovative operation at European level, a loan of 220 million was finalized between the European Investment Bank (EIB), the Ministry of Economy and Finance (MEF) and the Defense, in fact, aimed at the construction of three ships that they will be used by the Hydrographic Institute of the Italian Navy in Genoa.



Italian MoD

The project calls for the construction of a large ship and two smaller ones: they will replace those currently in operation (Magnaghi, Aretusa and Galatea), which have reached or will soon reach the end of their operational life.

EU Finances the Construction of 3 New Hydrographic Vessels for the Italian Navy
Artist impression of the future hydrohraphic vessel of the Italian Navy. Italian MoD picture.

The three ships will carry out hydrographic missions: research on the climate in the marine environment and navigation safety thanks to the mapping of the seabed necessary for the production of official nautical charts of Italian waters.

Of the three ships, the largest on will be used mainly for hydrographic and oceanographic research in the Mediterranean and the oceans but also in the Arctic and Antarctic regions. The two smaller ones will be destined to operate essentially in the Mediterranean Sea. The construction of the three units will take place in the period 2021-2027.

EU Finances the Construction of 3 New Hydrographic Vessels for the Italian Navy
Artist impression of the future hydrohraphic vessel of the Italian Navy. Italian MoD picture.

The Italian Navy’s Hydrographic Institute cooperates with major national and international research bodies. Each year it deploys about 200 military personnel specializing in Hydrography and Oceanography, aboard hydrographic units equipped with state-of-the-art instrumentation.

Hydrographic Vessel Hydrography Italian Navy 2020-11-03
Tags Hydrographic Vessel Hydrography Italian Navy
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Authors

Posted by : Xavier Vavasseur
Xavier is based in Paris, France. He holds a Bachelor’s degree in Management Information Systems and a Master of Business Administration from Florida Institute of Technology (FIT). Xavier has been covering naval defense topics for nearly a decade.

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