Meyer news brightens German scene

29 Dec 2010
Big newbuilds from Meyer help sugar the German pill

Big newbuilds from Meyer help sugar the German pill

Monday’s news about declining German yard deliveries in 2010 has been brightened by word now from leading cruise ship builder Meyer, writes Tom Todd.

The yard has announced that it has orders in hand for 15 ships worth about €4 billion - enough to keep its work forces busy until well into 2013, bucking the general 2010 trend in the German industry.

An announcement on Tuesday 28 December said: “Despite the current shipbuilding crisis, 2010 has been a successful year” for both Meyer Werft in Papenburg and its inland cruise shipbuilding subsidiary Neptun Werft in Rostock-Warnemuende. It said the group now had eight ocean-going and six inland cruise ships on order along with a ferry.

Meyer said it had delivered three big new cruise ships in 2010 - of 71,100gt, 122,000gt and 128,000gt – as well as two LPG/LEG tankers and had taken orders for three further cruise ships.

It said those contracts, and seven new orders taken by Neptun, had secured the future of 2,950 direct jobs and more than 4,000 indirect jobs in associated supply firms into 2013.

The yard added that it had invested massively in production facilities and increased productivity in the past few years and would invest further in production facilities in Rostock in 2011.

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