Meyer Werft Gmbh News

German shipyard Meyer Werft GmbH & Co. KG is all set to to launch three cruise ships in 2020. During the shipyard has handed over three modern cruise ships to international cruise lines. "In the last twelve months alone, we have taken on 395 new employees in Papenburg, thus enlarging our team to more than 3625 people. We continue to recruit new col-leagues in all parts of the shipyard," said Tim Meyer, Managing Director of Meyer Werft.The shipyard has taken on all the 45 trainees who passed their final examinations. Moreover, a further 16 trainee positions have been instigated to ensure that that the future workforce receives the necessary qualifications directly on the shipyard.At the same time, Meyer Werft continues to invest in its state-of-the-art shipyard facilities.

German shipyard Meyer Werft GmbH is intensifying a strategic relationship with long-standing tube manufacturing partner Stengel.The two companies have joined forces to set up a new undertaking: Meyer Stengel Tubes UAB based in Vilnius, Lithuania as a specialist for pipe isometrics to supply all three Meyer sites in Papenburg, Warnemünde and Turku from 2020."This step became necessary in the face of increasing cost pressure from state-owned Chinese shipyards which are building more and more special ships and cruise liners, a market which was previously dominated by Europe," said a press release.For the first time ever, the Meyer Group is making delivery of five cruise ships in one year to international customers.

The number of liquefied natural gas (LNG) powered ships on order for AIDA Cruises has risen to three following the latest shipbuilding contract announced today by the German cruise line’s parent company Carnival Corporation & plc. Carnival said it signed a shipbuilding contract with German shipbuilder Meyer Werft GmbH to build another new 180,000-ton ship that will be fully powered at sea and in port by LNG. The vessel will be built at Meyer Werft’s Papenburg shipyard for delivery in 2023. By that time, more than half of AIDA Cruises’ ships will run fully or partially on LNG.

Carnival Corporation announced it has signed a shipbuilding contract for a second cruise ship for its P&O Cruises brand with German shipbuilder Meyer Werft GmbH that is scheduled to be delivered in 2022. Similar to a fellow P&O Cruises sister ship due for delivery in 2020, this second new vessel will be the largest cruise ship to be built specifically for the British market. It will be 180,000 gross tons and will accommodate approximately 5,200 guests (lower berths). Both new ships will be registered in the U.K.

After an uneven couple of years punctuated by struggling economic factors worldwide, maturing markets and some highly publicized accidents and illnesses, the cruise industry is hoping to find a little “double happiness” from the rapidly growing Chinese market – enhanced profits and renewed market growth for both operators and builders. For its part, the Chinese government is betting on a triple payout:  it hopes to serve a growing middle class (estimated at a potential 300 million market) and its desire for cruising vacations…

TUI AG and Royal Caribbean Cruises are substantiating their expansions plans for their joint venture TUI Cruises. The Mein Schiff fleet shall grow from now three to six ships and then 14,000 beds by 2017. TUI Cruises is strengthening its already sound and dynamic position in the German cruise market. Both the Boards of TUI AG and Royal Caribbean Cruises have decided to order the two newbuilds. The Mein Schiff 4 is currently being built and with the now decided new orders of Mein Schiff 5 and Mein Schiff 6 TUI AG and Royal Caribbean Cruises are investing in touristic growth markets. The parent companies of Hamburg-based TUI Cruises expect a sustained high demand in the cruise sector and therefore, in good time, came to the decision to expand further.

Norwegian Cruise Line says it has reached an agreement with MEYER WERFT GmbH of Germany to build two new Breakaway-Plus class cruise ships for delivery in the second quarter 2018 and the fourth quarter 2019. Each ship will be 164,600 gross tons and include 4,200 passenger berths. "Norwegian Breakaway and Norwegian Getaway have proven themselves as industry game-changers and are extremely popular with our guests," said Kevin Sheehan, Norwegian Cruise Line's chief executive officer. The contract price for both ships is approximately euro 1.6 billion. The Company has export credit financing in place for each ship, arranged and underwritten by KfW IPEX-Bank GmbH of Germany.

International maritime law partnership Holman Fenwick Willan (HFW) says it has advised Chinese Percept Limited, a wholly-owned subsidiary of Genting Hong Kong Limited (Genting), on the group's second newbuild mega-cruise ship order in 12 months, in a deal with German shipbuilder Meyer Werft GmbH worth €697.2 million. The HFW team, led by Hong Kong Partner Patrick Yeung, advised Genting on the shipbuilding contract and related ECA-supported financing. London based Partner Elinor Dautlich and Senior Associate Alex Sayegh negotiated the shipbuilding contract, while Partner John Forrester and Associate Gudmund Bernitz (also London based) advised on the ECA-backed financing.

UT99 AG, a company in the development and manufacture of oil mist separators for crankcase ventilation of combustion engines and for lubricating oil tank vent for turbines, received Germanischer Lloyd (GL) approval for its oil mist separator. "The world's first class admission of Germanischer Lloyd for a secure oil mist separator is the systematic continuation of our philosophy," explains Lukas Riedo, Managing Director of UT99 AG. Environmental and safety requirements are getting higher in the marine and offshore sectors…

ABB, the leading power and automation technology group, won orders worth $180 million in 2013 to deliver complete electrical power plants and propulsion systems for six new cruise liners that include its latest-generation Azipod XO units. The orders make 2013 the best-ever year for ABB in cruise liners with the Azipod system. The six ships include two for Norwegian Cruise Line (NCL), two for Royal Caribbean International and one each for Holland America Line and Carnival Cruise Lines, all leading brands in the cruise market. The orders were booked over the course of the year, with about $30 million in the first quarter, about $90 million in the second, about $30 million in the third, and the remaining $30 million in the fourth.

These are the pictures which are going around the world on the occasion of towing again an enormous cruise ship out of the covered building docks and pull it in high precision work via the very narrow inland waterway across the grassland of the river Ems towards the open ocean. These pictures brings the city of Papenburg, with its 35.000 residents, into focus. The pictures are unreal as well as fascinating. With its periodical rerun, always then, when a new cruise ship leaves the Meyer Werft of Papenburg, they are burnt into the memory as a kind of an icon of the new ultra-modern Northwest.

Despite a marked drop in shipbuilding volume during the past decade to lower cost competitors in the East, Germany's marine market has maintained it adherence to the highest technical standard while carving its niche in the world of constructing complex, high-value vessels. In many ways, the saying "the more things change, the more they stay the same" could be aptly applied to the current status of the German marine market. While the world, and certainly the business of constructing commercial ships for the world fleet, has changed dramatically in the past decade, Germany's role in this market has stayed remarkably on course. Facing steady market erosion to competitors in Japan…