ASSONAVE: Shipbuilding Trending Upward

By George Backwell
Wednesday, May 14, 2014
A Fincantieri shipyard: Photo courtesy of the shipbuilders

The Annual Meeting of ASSONAVE, the association of Italian shipbuilders, ship-repairers and producers of marine components and systems took place in Rome recently, chaired by its President, Vincenzo Petrone. Main points as follows:

The Association explains that this was the first meeting to take place after it expanded its membership to include major companies such as Elettronica, Oto Melara, RINA Services, Selex ES and WASS – all operating in high- technology sectors – and welcomed the Federazione del Mare, representing the Italian maritime cluster, as member of its Executive Committee.

A report received by the meeting paints a picture of an increasingly global shipbuilding sector still undergoing a period of transition: demand for new ships more than doubled in 2012 (over 50 million cgt (Compensated Gross Tons) vs 24.7 million in the previous year), but imbalances between demand and productive capacity were reported to remain.

The cruise ship sector continues to thrive, with 9 cruise ship contracts finalized in 2013, six by Fincantieri, which has thus strengthened its presence in the luxury and ultra-luxury ship sector.

In the cruise ship and ferry industries investment decisions are still driven by realism and caution, but the twin needs of optimizing the energy efficiency of fleets and of complying with new environmental regulations sets the stage for increasing demand for a new generation of “green” ships, with low emissions and energy consumption.

In this scenario, the hoped-for greening of the fleet operating in European short sea shipping may be encouraged by the planned development of a network for the distribution of liquefied natural gas

Positive developments were reported in the offshore sector due to Fincantieri’s purchase of STX OSV,(renamed VARD), a leading company in the construction of support vessels for the oil and gas sector.

Naval market

The military naval market too picked up compared to previous years, although the accessible market portion (only 20 % of the total) increasingly comprises requests for technology transfers and assistance for the in loco building of ships. Therefore, funding for the seventh and eighth units of the programme for FREMM-class frigates and especially the appropriation of funds as set out by the Stability Law for the renewal of part of the surface fleet were particularly welcome.

In the context described above, Fincantieri and other shipbuilders associated with ANCANAP were able to take advantage of the increase in demand, with new orders for a total of over 500,000 cgt (€ 2.2 billion) in 2013 vs 170,000 Cgt (€ 800 million) in the previous year.

Source: ASSONAVE

 

 

 


People & Company News

MobileOps Pursuing Maritime Business

Redmond, Wash. based MobileOps, Inc., a software company specializing in the design and development of maritime software applications (dispatch, safety, compliance,

Half a Century at Sea

Siegfried Schmerer already dreamed of becoming a captain as a young boy. Later, as a sailor on a coaster, he suffered from seasickness. Though he thought about giving up,

MN100: Shock Mitigation

The Company: The company provides marine organizations, boat builders and equipment manufacturers with relevant subject matter expertise plus an independent overview

Contracts

Austal Dives into Loss

Australia’s largest shipbuilder Austal posted a full year loss of $84.28 million because a program to build war ships for the US Navy took longer than expected.

Russian Shipbuilder Signs $1 bln Oil Rigs Contract with Iran

Russian shipbuilder Krasnye Barrikady and Iran's Tasdid Offshore Development Company (TODC)  have signed a deal worth $1 billion to build five offshore drilling

BP, ExxonMobil, ConocoPhillips 'Quit' Alaska LNG Project

BP, Conoco Phillips, and Exxon Mobil said that the 65-billion dollar megaproject would be too unprofitable for them to move into the next phase of development.

Shipbuilding

NASSCO Christens LNG-ready Tanker Constitution

On Saturday, August 27, shipbuilders at General Dynamics NASSCO celebrated the christening and launch of the Constitution, the sixth ship in a series of eight eco-friendly

California: A Strong Shipbuilding State

Fifth in the nation for direct employment, California shipbuilding and repair industry supports nearly 35,000 jobs; Maritime Administrator highlights economic importance

Intermarine's Industrial Skipper Completes Maiden Voyage

Intermarine, LLC announced the July delivery of the M/V Industrial Skipper from Shandong Huanghai shipyard in Rongcheng, China. The ship transported modules to Corpus Christi,

Navy

This Day In Naval History: August 29

1861 - During the Civil War, Seaman Benjamin Swearer lands with troops from the steam sloop of war, Pawnee, and takes part in the capture of Fort Clark, at Hatteras Inlet, N.

USS Freedom Suffers Casualty

The U.S. Navy's first littoral combat ship USS Freedom (LCS 1) experienced a casualty to one of its main propulsion diesel engines (MPDE) on July 11 reportedly

Michelle Obama Sponsors Attack Submarine

General Dynamics Electric Boat has delivered to the U.S. Navy an attack submarine that is sponsored by first lady Michelle Obama and will be named for her home state, reports AP.

Finance

California: A Strong Shipbuilding State

Fifth in the nation for direct employment, California shipbuilding and repair industry supports nearly 35,000 jobs; Maritime Administrator highlights economic importance

Advent Hires Banks to Sell Control of Brazil Port

Buyout firm Advent International Corp has hired Morgan Stanley & Co and Grupo BTG Pactual SA to advise on the sale of a controlling stake in TCP Terminal de Contêineres de Paranaguá SA,

SUNY Maritime Among 'Best Bang for the Buck' Colleges

SUNY Maritime College has been named one of the best colleges for its price by Washington Monthly.   SUNY Maritime placed in the top 30 schools in the Northeast.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Navigation Offshore Oil Pod Propulsion 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: 0.1263 sec (8 req/sec)