Category: Shipbuilding

Drama, good insolvency and the political Bermuda Triangle

Full house, many topics: The VSM's Parliamentary Evening at the Schleswig-Holstein State Representation in Berlin brought together numerous representatives from the maritime industry. Around 400 guests accepted the invitation of the Shipbuilding and Ocean Industries Association to the capital. The topics were as diverse as the guests. The industry is undergoing a transformation in a dynamically changing environment. The strong influence from Asia, especially China, has changed the maritime industry in Germany and Europe significantly in recent decades. The current political situation is creating additional uncertainty. Political action, particularly at European level, is required here....

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Wismar shipyards grow again

For the first time since the insolvency of "MV Werften" in 2022, more than 1,000 people worked at the Wismar shipyard again last year. According to the works council, around 500 people are now working for "Meyer Werft Wismar" again. In addition, there are external workers, mainly from Estonia and Poland. At peak times, up to 1,400 people are working on the cruise ship "Disney Adventure" (formerly "Global Dream"), which is currently being converted and completed into a floating Disney theme park for around 6,000 passengers. The 342 metre-long ship is due to be undocked and completed at the outfitting quay in spring. In December, the "Disney Adventure" will be...

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Federal Minister Boris Pistorius visits thyssenkrupp in Wismar

On 17 January 2025, Boris Pistorius, Federal Minister of Defence, visits the shipyard in Wismar. thyssenkrupp Marine Systems bought the shipyard in 2022 and is now investing a three-digit million sum to develop it into a naval shipbuilding site for the construction of new submarine and surface projects. In future, 212CD class submarines for Germany and the Polarstern II will be built here. In addition to talks about the plans of thyssenkrupp Marine Systems and the prospects for submarine construction in the Hanseatic city, a tour of the shipyard, a presentation of current projects and discussions with employees are planned.

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Germany needs the maritime industry and the maritime industry needs Germany.

Annual Review 2024 of the German Shipbuilding and Ocean Industries Association (VSM) The European shipbuilding industry is also participating to a significant extent in the rising global order volumes and increased investment in new construction. However, this positive message should not obscure the fact that China is increasingly dominating the market by realising government-defined targets. Despite a weakening global economy and growing geopolitical tensions, global shipbuilding continues to record strong demand and high capacity utilisation. The healthy earnings situation in most shipping markets is fuelling record levels of investment in new construction and causing order volumes to continue to rise worldwide. Business is also picking up again in the cruise sector...

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Frigate 127 - first study funded

The federal government has not yet placed the order for the construction of the new F127 anti-aircraft frigates, but the Defence and Budget Committees have nevertheless approved the first funds. The members of both committees voted in favour of concluding a contract with the US defence company Lockheed Martin on 18 December 2024. Lockheed Martin is to use the initial funding of 44.5 million euros to conduct a study to examine whether the Aegis system and the ultimately favoured design of the F127 with a focus on anti-air warfare (AAW) and ballistic missile defence (BMD) are a good match. The money for this air defence system will come from the 2022...

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