Page 67: of Maritime Reporter Magazine (August 2016)

The Shipyard Edition

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High-tech rescue vessel BERINGOV PROLIV built by Nordic Yards intended for use in the arctic.

“The German activities demonstrate that the industry is “The great success of the maritime sector of the doing its homework,but we also need back-up by policy

German industry has its origins in our customers’ makers. The idea of launching a maritime agenda for exceptionally high expectations.”

Germany is therefore a great opportunity.”

Harald Fassmer, VSM President

Dr. Reinhard Lüken, General Manager VSM of it generated in the last quarter alone $2.5 billion – also somewhat lower than platforms for the offshore wind industry $5.6 billion (compared to $7.1 billion in – valued at approximately $5.4 billion. in 2014. In addition, three platforms for increased the total order backlog of the 2014). At the same time, the number of

Incoming orders with regard to ton- the offshore wind industry, valued at shipyards to $14.8 billion. employees increased 3% to 18,042.

nage increased 25% compared to 2014 $330 million, have been delivered. According to the German Federal During the ? rst four month of 2016 or- to 750,000 CGT (Compensated Gross By the end of December 2015 43 ves- Statistical Of? ce, sales at the German ders received the national yards totaled

Tonnage), but the number of deliveries sels, valued at about $14.4 billion, (the shipyards (taking into account shipyards nine vessels valued at $1.4 billion. This (16 vessels) was lower than in 2014. The highest contract value since 2009) were with a minimum of 50 employees from does not include the orders about 10 ves- tonnage (435,000 CGT) was also lower on the order books of German ship- all market segments, including naval sels from the Malaysian Genting Group, than one year before, but higher than the yards. The tonnage with 2 million CGT ship building, repair/modi? cation, as because this order, valued $3.8 billion, total tonnage in 2013. The value of the is higher than in 2014. Two additional well as boats, yacht and inland water- was placed in May 2016.

deliveries in 2015 was in total around orders for new buildings of plants and way shipbuilding) were down 20% to www.marinelink.com 67

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First published in 1881 Maritime Reporter is the world's largest audited circulation publication serving the global maritime industry.