Germans reveal more newbuild orders

24 Jan 2011
Meyer’s latest tanker – one of two specialist vessels recently booked by German yards

Meyer’s latest tanker – one of two specialist vessels recently booked by German yards

Two of Germany’s most prominent shipyard groups - P&S Yards and Meyer Werft - have announced new orders for ship types seen as crucial for the future survival of specialist European shipbuilding, writes Tom Todd.

P&S Yards, grouping Volkswerft in Stralsund and Peene-Werft in Wolgast, revealed a € multi-million contract to build a 180m long, 32m wide offshore construction vessel for delivery in 2012. The owner was not identified and the yard would say only that the value of the contract was “a three digit figure in the millions of Euros”. Reports said the KfW Ipex Bank was lending finance of about €120 million.

Observers said the job reflected growing German business in the north European offshore wind energy sector. Yard and owners described it as “a pioneering project” and yard head Dieter Brammertz spoke of “a milestone in specialist German shipbuilding”. The order brought to 20 the number of newbuilds on the books at P&S.

Meyer Werft meanwhile reported an order from Dutch shipowner Anthony Veder in Rotterdam for its first LNG tanker. The newbuild will be a medium-sized 156m long, 22.7m wide ship of 15,600m3 for delivery at the end of 2012.

Meyer, better known as a builder of cruise ships, has already built 55 gas carriers. It said subsidiary Neptun Werft would be involved in the building of the latest ship and yard chief Bernard Meyer said he saw “continued great potential in this market segment”.

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