Page 38: of Maritime Reporter Magazine (April 2018)

The new ATAIR from FASSMER WERFT will be commissioned in 2020.

Photo courtesy ©Fassmer-Werft

BY PETER POSPIECH

German Shipbuilding Stro

While orders for new vessels have con- tion capacity. As the global orderbook worldwide. yards in the Far East, vessel which are tinued to decline worldwide in 2017, the shrinks further, for a number of large The German Federal Government has more technically advanced and demand- situation in the German and European Asian shipyards this could be an acid now adopted a LNG funding program, ing have remained the province– and shipbuilding market is different, with an test for the upcoming year. Two impor- where as to date the program addressed dominate the orderbooks – of German increase of incoming orders. As shipping tant points become clear: mainly ship owners. shipyards. The majority of the ordered experts state: “…this is not a trend but • The domestic shipbuilding indus- The past year saw lots of movements or under production vessels are cruise a snapshot, but it indicates a high com- try is highly competitive, particularly at also in naval shipbuilding. Important liners, river cruise ships as well as gov- petitiveness of the German shipbuilding technologically advanced projects. partnerships were established and new ernmental and naval boats. An additional industry, particularly on technologically • The success of the large Asian ship- orders from home and abroad have been segment which is currently showing a advanced projects.” yards in the past is not viable without agreed. As maritime hot spots and ? ash very positive trend is the ferry and RoRo

The global mood barometer of the state support points of con? ict continue to increase sectors, which can be seen in the lat- maritime industry had reached its lowest In step with the growing German ship- globally, the high performance of the lo- est orders for new ships of Flensburger point in 2016. From the abyss con? dence building orderbook is a continuation cal naval shipbuilding industry is a valu- Schiffbau-Gesellschaft (FSG).

and order have carefully increased, and of the maritime energy revolution. The able and strategic asset. The order book of Meyer Werft is cur- with about 13.5 million CGT ordered German orderbook for natural gas pow- rently ? lled up to 2023 (6 delivered in in the ? rst three quarters, the value has ered vessels, including for the ? rst time 2017, 26 on order, including up to now

Deliveries & Orders passed the entire previous year. also governmental vessels, exceeds 10 It is little secret that, as the shipbuild- seveb new buildings which will run on

Despite the decided uptick, this order billion Euro and is probably the largest ing orderbook volume for tankers, bulk- natural gas ). Such a long-term perspec- volume is far away from full produc- level of investment for clean shipping ers and containerships have slipped to tive in the existing highly competitive 38 Maritime Reporter & Engineering News • APRIL 2018

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