Dutch Shipbuilders Report Positive Outlook

Posted by Eric Haun
Thursday, May 08, 2014
photo courtesy Netherlands Maritime Technology

The Netherlands shipbuilding cluster reports successful 2013, positive outlook for 2014

The Dutch shipbuilding cluster and maritime suppliers achieved good results in 2013, Netherlands Maritime Technology said. The total annual turnover increased from € 6.1 billion in 2012 to € 6.4 billion in 2013. Moreover, the substantially larger order portfolios compared to the previous year indicate further growth in 2014.

Netherlands Maritime Technology expects a further increase in the turnover of the entire Dutch shipbuilding cluster this year. “Everything indicates that the economy has seen the worst and will slowly start to grow again,” says Chairman J.J.C.M. van Dooremalen. “Netherlands Maritime Technology asks the Dutch government to stimulate this positive development in 2014 by continuing to work on methods for strengthening technical education and innovative capacities, ensuring a level playing field and stimulating export activities.”

Through intensive cooperation with shipping companies, Dutch maritime companies are frontrunners in the development and construction of green vessels and systems. This sets them apart from the competition, and gives better access to financing for similar projects. Dutch suppliers also managed to strengthen their order portfolios. Many of them have manufacturing facilities in foreign countries, while retaining knowledge and control in their Dutch branches. They attach great value to their position in a strong cluster and a stable and innovative home market. Their growth is mainly related to export activities and activities of foreign branches.

The Dutch Shipbuilding Cluster
In 2013, the Dutch shipbuilding cluster achieved a turnover of € 6.4 billion (2012: € 6.1 billion) and a total employment of 29,361 FTE (2012: 29,466 FTE).

New seagoing builds
A total of 77 seagoing vessels were delivered in 2013 (2012: 95). The order intake amounted to 136 vessels (2012: 61 vessels) with a value of € 2.3 billion (2012: € 764 million). The export percentage was 59% (2012: 58%).

Maritime suppliers
The maritime turnover of the approximately 670 Dutch maritime suppliers was € 3.42 billion in 2013 (2012: € 3.37 billion). Total employment in the Dutch maritime supply sector was 17,361 FTE (2012: 17,616 FTE). For the first time there are also figures available for the number of temporary jobs in the maritime supply sector: in 2013 the average was 2,257 FTE in temporary jobs at maritime supply companies.

Repairs, refits and maintenance

The 2013 turnover amounted to € 515 million (2012: € 551 million) with an employment of 2,635 FTE (2012: 2,000 FTE).

Construction of small and inland vessels
In 2013 114 vessels were delivered (2012: 90 vessels). The order portfolio on 31 December 2013 listed 84 vessels (2012: 73 vessels).

Superyacht construction
In 2013 23 superyachts were delivered (2012: 18 superyachts) with a value of € 807 million (2012: € 657 million) and 36 new orders were placed (2012: 14) worth € 1.4 billion (2012:
€589 million). At the end of December, the order portfolio comprised 66 superyachts (2012: 59 superyachts) with a value of nearly € 2.7 billion (2012: € 2.2 billion).

Shipbuilding worldwide
The year 2013 saw the first clear decline in the number of delivered vessels. Globally, there was a 20% reduction in tonnage compared to 2012. The amount of new orders, however, experienced a considerable increase, resulting in a growth of the global order portfolio. It is expected that the amount of deliveries will start to rise again after 2014.

A return to the peaks of several years ago is not expected as the order portfolio is still only half of what it was in the top year of 2008. Moreover, efforts are being made to reduce the shipbuilding capacity, especially in China. Many Asian yards have also started to use their capacity for the lucrative construction of offshore vessels and platforms. Ordering of new ships is mainly stimulated by the influx of private equity funds and the fact that new vessels usually consume considerably less fuel than those ordered before the economic crisis.

Europe is also benefiting from the revival in the shipbuilding sector, although not as much as in Asia. This is because European yards mainly rely on the construction of specialist vessels such as offshore vessels, cruise ships, dredging vessels and tugs; segments that were less affected by the economic crisis in the first place. Nonetheless, several European countries, including the Netherlands, managed to realise a very strong order intake in 2013.

With regard to the number of received orders in 2013, only Romania performed better than the Netherlands. In total, European yards attracted approximately 50% more orders than in 2012. Within the EU Italy and Germany also performed well, while Spain is gradually recovering, possibly aided by the new version of the Tax Lease (a financial arrangement). Norway and Turkey achieved positive results in the field of offshore vessels.

In addition to the three major Asian shipbuilding countries (China, Korea and Japan) and the developments in Europe, an interesting change is the fact that the Philippines has become the world’s fourth largest shipbuilding country. Russia managed to make the news with large-scale plans for reviving its shipbuilding sector. The Brazilians, who built up a significant order portfolio in the past years, are currently focused on delivering these vessels.

maritimetechnology.nl

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter June 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Construction of new Stockholm Norvik Port Begins

For Hutchison Port Holdings (HPH), one of the world’s leading container terminal operators, Stockholm is strategically important. In April the final permit was

The Odd Trio - HMM, Maersk and MSC

In one of the more bizarre twists in the container shipping market it emerged last week that financially troubled carrier South Korean Hyundai Merchant Marine

Norwegian Unions Say 755 O&G Workers Could Strike

About 755 Norwegian workers on seven oil and gas fields could go on strike from Saturday, hitting output from western Europe's top producer, if a new wage deal is not agreed before a Friday deadline,

Shipbuilding

Silver Ships Delivers Fire/Rescue Boat

Silver Ships, Inc. has recently delivered a 34-foot custom designed and purpose-built all-welded aluminum fire/rescue boat to the Islip Fire District on Long Island, New York.

Navig8 Chemical Adds New Tanker from Kitanihon

Chemical shipping company Navig8 Chemical Tankers Inc. has taken delivery of its first stainless steel chemical tanker, the Navig8 Sirius, from Japanese shipbuilder Kitanihon Shipbuilding Co.

Expansion Planned for Newport News Industrial

Huntington Ingalls Industries (HII) announced that its Newport News Industrial subsidiary will undergo a 52,000-square-foot expansion at its headquarters facility in Newport News.

Ship Repair & Conversion

Wärtsilä, Zamakona Yards Join forces in Canary Island

Wärtsilä, the marine industry's leading solutions and services provider, is enhancing its service offering by participating in a new maintenance hub in the Canary Islands.

Cathelco Supply BWT System for Cable Laying Vessel

Cathelco have supplied a ballast water treatment (BWT) system for the C.C. Pacifique, a steel barge which is being converted into a cable laying vessel for Coastal Carriers BV of the Netherlands.

Turkey to Modernize Pakistan’s Subs

The Turkish defense firm Defense Technologies and Engineering (STM) won the tender to modernize Pakistan's submarines against its French competitor DCNS, reports Daily Sabah.

Finance

Hanjin to Return 38 Vessels Next Year

Hanjin Shipping is planning to return a total of 38 chartered vessels once their contracts end as part of its restructuring efforts, reports korea Herald.   A

Morocco Sells 40% Stake in Port Operator in IPO

The Moroccan government raised 1.94 billion dirhams ($197 million) by selling a 40 percent stake in state-owned port operator Marsa Maroc in the country's first initial public offering this year,

Panamax Vessel Demand Keeps Baltic Index Up

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Monday for a fourth straight session as higher demand

News

Evinrude Expands E-Tec G2 Horsepower

BRP (TSX:DOO)announced today the release of the next generation of Evinrude E-TEC G2 models with horsepower ranging from 150 to 200, the E-TEC G2 150, 150 H.O., 175 and 200.

Construction of new Stockholm Norvik Port Begins

For Hutchison Port Holdings (HPH), one of the world’s leading container terminal operators, Stockholm is strategically important. In April the final permit was

Wärtsilä, Zamakona Yards Join forces in Canary Island

Wärtsilä, the marine industry's leading solutions and services provider, is enhancing its service offering by participating in a new maintenance hub in the Canary Islands.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Naval Architecture Navigation Offshore Oil Pipelines Port Authority Ship Simulators Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1159 sec (9 req/sec)