seatec - Finnish marine technology review 1/2010 | Page 36

downturn – which rapidly turned in- to a crisis of the maritime industry as well Photo: W.D.R. T he impact of the global economic – had a severe impact on Germany’s shipyards industry already during the first three quarters of 2009. According to data facilitated by the German Shipbuilding and Ocean Industries Association (Verband für Schiffbau und Meerestechnik e.V.; VSM) only twelve new orders worth 387 mil- The new double-end commuter ferry M/V “Uthlande” due for delivery by J.J. Sietas in time for the 2010 summer season. lion euros were received between 1st January and 30th September 2009, against ros recorded during the whole of 2008. As per 30th September, Germany’s yards had 118 newbuilding orders in their Photo: W.D.R. 46 contracts worth some 2.89 billion eu- books, corresponding to an accumulated contract value of 10,133 billion euros and a total tonnage equivalent of 2,024,000 GT. Some further orders – merely for special-purpose ships – were obtained dur- Another view of the new M/V “Uthlande”. ing the fourth quarter of 2009, but at the same time Germany’s yards had to deal euros). As a result of contract cancella- ber the industry’s total staff amounted to with more contract cancellations than tions and declining order volumes the an- around 22,800. most other shipbuilding nations. nual production is estimated to fall below FOCUS ON SPECIAL-PURPOSE SHIPS three billion euros in both 2010 and 2011. The precarious market situation has Among the main reasons for the current had been cancelled. VSM estimates the already made an impact on the number crisis of global shipbuilding are significant German shipyards’ accumulated turnover of employees working in the shipbuild- overcapacities generated in Far Eastern for 2009 to be less than four billion eu- ing and ocean industries segment; it de- countries – particularly in China and South ros, clearly less than in 2008 (4.4 billion clined by about 14% – corresponding to Korea – during the past half decade. In re- 3,400 full time equivalents – during the sponse to booming shipping markets, nu- three quarters of 2009. By 30th Septem- merous new yards entered into business, Photo: HADAG Already during the year’s first nine months 27 orders worth 1.3 billion euros merely in order to produce serial container ships. In response to this competition Germany’s yards have gradually shifted their focus towards the production of more sophisticated special-purpose ships such as cruise vessels, ferries, RoRo-ships, special tankers and luxury yachts. The current order book clearly reveals this trend: By 30th September 2009 ferries, cruise ships and yachts accounted for 57% and RoRo-ships for another 16% of the total compensated tonnage of orders. In contrast the previously dominat- A drawing of the M/V “St. Pauli”, the first ‘Typ 2000’ public transport ferry delivered for operation in Hamburg back in 1997. 34 seatec 1/2010 ing share of container ship contracts had reduced to just 14%.