Ships 2018 in co-operation with Verband für Schiffbau Made in Germany und Meerestechnik e. V. Supplement February 2019 Ships made in Germany Contents German shipbuilding industry continues on course 5 New challenges in a difficult environment 6 Shipyard cooperation trend continues 10 Deliveries & contracts of German shipyards in 2018 ������������15 »AIDAnova« – Innovation made in Germany 28 »Years of research led to success« 32 »Ship of the year award 2018« for Meyer Werft 33 Setting out for new horizons 34 Peters Werft plans further investments 36 »Room for manoeuvering within EU regulation« ��������������������� 38 Fire boat sets new benchmarks 40 Blohm+Voss all set for the future 42 An old lady rejuvenated ���������������������������������������������������� 44 Online shops going maritime 46 2 HANSA International Maritime Journal – Supplement Ships made in Germany 2018 Ships made in Germany Supplement to Index of Advertisers HANSA International Maritime Journal Andritz Hydro GmbH ����������������������19 February 2019 DGzRS 23 Chief Editor: Krischan Förster HeroLang ��������������������������������������������������������������������������������������������� 21 Deputy Chief Editor: Michael Meyer Internationales Editors: Felix Selzer | Thomas Wägener Maritimes Museum Hamburg 21 Schiffahrts-Verlag »Hansa« GmbH & Co KG Martin Membrane Systems AG �������������������������������������������������� 39 Stadthausbrücke 4 | 20355 Hamburg | Germany Maximilian Verlag GmbH & Co KG �������������������������������������17 redaktion@hansa-onlinede Peters Werft GmbH 25 Phone +49 (0)40-70 70 80-02 | Fax -214 Podszuck GmbH ����������������������������������������������������������������������������� 25 Volvo Penta Central Europe GmbH 13 VSM Verband für Schiffbau und Meerestechnik eV �������������� 9 Shipbuilding can be eye-candy, here a picture of Meyer Werft HANSA International Maritime Journal – Supplement Ships made in Germany 2018 3 Ships made in Germany Shipyard Abeking & Rasmussen is still a very recognized address for building of mega yacht © Abeking & Rasmussen 4 HANSA International Maritime Journal – Supplement Ships made in Germany 2018 Ships made in Germany Reinhard Lüken, General Managing Director German Shipbuilding and Ocean Industries Association (VSM) © VSM German shipbuilding industry continues on course Dear Readers, despite a global shipbuilding market that Therefore and more than ever, maritime players need is still heavily suffering from overcapacities and weak de- to create new solutions, invest in new technologies, re- mand, the German shipbuilding industry has been able search, development and innovation and develop new to maintain its successful path On the basis of a robust forms of cooperation To us, all these challenges offer order backlog and ever more efficient production meth- great opportunities Most obvious and urgent is the ods, German shipyards continue to develop positive- need to implement environmentally friendly technolo- ly and grow The specialization of the shipbuilding in- gies German companies have a long tradition in offer- dustry in Germany as well Europe on healthy high-tech ing optimal solutions for clear and efficient operation niche markets is paying off New international requirements will give a boost to their The production of unique large-scale projects that market success meet the highest costumer requirements is daily busi- At the same time, shipping companies struggle with ness in German shipbuilding Amazing ships, with growing uncertainty and increasingly complex tech- many innovative features and impressive performance nology applications: Which fuel type, which propul- are the result Some examples can be found in this pub- sion system, when is the right time to implement new lication Such masterpieces are realized by the shipyards technologies? More and more it becomes evident that in close cooperation with hundreds of highly specialized such questions need individual answers depending on companies supplying everything from excellent compo- the specific operational needs German yards, for new- nents to complete turn-key systems Together with first- building as well as repair & conversion, equipment mak- class system integration competence the customer can ers and service providers are the ideal partners for all rely on perfection made in Germany The chain of ex- shipping companies that want to secure their compet- pertise is the essential feature that makes our industry itive future competitive and resilient The list of newbuildings delivered in 2018 in this year’s The rise of China into the high-tech segments of the special edition shows many impressive examples of the shipbuilding and marine technology industry, the necessi- innovative impetus and versatility of the German ship- ty of a massive reduction in ship emissions, the advancing building and maritime technology industry digitalisation but also new dynamism in European naval shipbuilding constitute the great challenges of our times Enjoy reading! HANSA International Maritime Journal – Supplement Ships made in Germany 2018 5 Ships made in Germany New challenges in a difficult environment The demand situation in global shipbuilding remains tense While the recovery in terms of new orders continues for the second year following the 30-year record low in 2016, the volume of newbuilding orders remains at a low level ompared with the previous year, the total tonnage main across the cargo shipping segments The reason for Cof newbuilding orders rose by more than 60% dur- the slow drop in overcapacities is the hesitant growth ing the first three quarters of 2018, however the num- in the cargo sector The British consultancy firm Dre- ber of orders received remains below global deliveries wry’s therefore had to correct its forecast for container As a consequence the global order book continues demand over the next five years Contrary to the previ- to shrink, and the production capacities of many ship- ous expectation that supply and demand would gradual- yards are underutilised A clear change in trend is not ly strike a balance by 2022, allowing the industry to find yet visible Despite a painful consolidation phase in the its equilibrium again after struggling for a long time, the shipping industry and scrapping activities continuing dull prospects for the world economy amid growing in- at a high level, some overcapacities are expected to re- ternational trade tensions have prompted the forecast- © Wägener 6 HANSA International Maritime Journal – Supplement Ships made in Germany 2018 Ships made in Germany Global Shipbuilding Development 1968-2018 (in million GT) © VSM * Extrapolation based on Jan-Sep 2018 ers to modify their predictions The current overcapac- vestments in better and cleaner technology are neces- ities are now expected to persist for several more years sary For newer tonnage this will trigger retrofits How- Similarly, the International Monetary Fund has lowered ever, for older tonnage this might not be an economically its forecast of global economic growth to 37%, and of viable option Most experts agree that the rule chang- trade volume growth to 42 and 40%, respectively, for es will call for early replacements Therefore, a stimulus the years 2018 and 2019 Therefore the troubles for the also for the newbuilding market can be expected shipyards are likely to persist Because of the sluggish situation in the cargo ship On a more positive note, several international regula- newbuilding market, some yards have begun offering tions particularly related to emission reduction are about their products at dumping prices to remain in the mar- to enter into force To fulfil the new requirements, in- ket In some cases, the prices offered are known to be too Together with two other banks German KfW Ipex is providing a loan of 149 mill. $ to the Russian state shipping company Sofcomflot (SCF). The funds will be used to finance a 174,000 m³ LNG tanker of the new type »Atlanticmax«. Last year the Russians launched the »Gagarin Prospect«, the first Aframax tanker with gas propulsion, which has now been followed by two sisters HANSA International Maritime Journal – Supplement Ships made in Germany 2018 7 Ships made in Germany low to even cover the expected material costs, a fact that gions, especially through ballast water carried on board will prevent a rapid return of a lasting market balance or organisms growing on ship hulls, threatens the in- At the end of September 2018 the Clarkson Research tegrity of marine ecosystems Uniform, compulsory in- Newbuilding Price Index stood at 130 points (2008: ternational regulations aiming to make shipping safer, 178 points), remaining at a low level for the 10 th con- cleaner and more efficient are therefore of critical impor- secutive year Protectionism and a distorted competitive tance The International Maritime Organization (IMO) environment due to government subsidies and bailouts is steadily working to refine its regulatory measures In have been on the rise in many shipbuilding countries A addition to establishing Emission Control Areas (ECAs) level playing field for the global shipbuilding industry is and passing the ballast water convention which took ef- thus a long way off fect in September 2017, the IMO has defined global emis- sion limits