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The yard also recently floated out Sitmar's 1,700-passenger cruise ship FairMajesty, which is due for de- livery next year. The yard has four passenger ships on its orderbook worth over $500 million. Some of the biggest shipbuilding news out of Germany is the recent agreement of intent signed by World City Corp. A/S with four West German shipyards to build a cruise ship which would be even larger than Mr. Tikkoo's Ultimate Dream project. Four West German yards, Bremer Vulkan, Howaldt- swerke Deutsche Werft, Blohm & Voss and Thyssen Nordseewerke, will join forces on Knut Kloster's Phoenix Project. The ship would have an overall length of 1,247 feet, beam of 253 feet, a 5,600-passenger capacity and a gross tonnage of 250,000. The next step for World City Corp. and the shipbuilders is to work out a financing scheme, so that a final contract for the vessel's con- struction can be signed before the end of this year. The project has an estimated price tag of $1 billion. Papenburg's Meyer Werft re- ceived a $150-million contract to build a 1,400-passenger cruise liner for Chandris Fantasy Cruises. The 45,000-grt luxury passenger ship, which is expected to be delivered in the spring of 1990, is destined for the Caribbean market. The order was received prior to the Papenburg yard's recent delivery of the 616- foot, 40,000-grt passenger ship Crown Odyssey to Royal Cruise Line. Meyer Werft had inaugurated their new 843-foot covered building dock by floating out the Crown Odyssey late last year. In addition, the Papenburg yard was busy with a number of conver- sions. The yard was recently awarded a contract by Holland America Line to lengthen the 670- foot cruise ship Westerdam to 800 feet. The lengthening will increase the vessel's passenger capacity from 1,200 to 1,500. The work will begin in October 1989 and be completed in March 1990. In the face of fierce competition from the Far East, a number of Ger- man yards underwent restructuring and merger plans. Bremer Vulkan, for example, now has controlling interest in four other shipbuilding yards—Seebeckwerft, Lloyd Werft Bremerhaven, Schichau Unterweser and Neue Jadewerft—and a fifth, Sieghold-Werft Bremerhaven GmbH & Co., is expected to be added shortly. One of the group's members, See- beckwerft AG, located in Bremer- haven, has a present orderbook backlog which will keep the yard busy into 1990. The yard boasts eight newbuildings on its orderbook, including two 576-foot railway/ freight ferries, the Nils Dacke and Robin Hood, for Hamburg-based TT-Line, two 212-passenger luxury cruise liners for Seabourn Cruise Line, two 541-foot jumbo-ferries for Olau-Line of Hamburg, a railway ferry, Railship III, for operation be- tween West Germany and Finland, and a 325-foot full-freezer stern trawler. Other group members, Schichau August, 1988 Unterweser and Lloyd Werft, both based in Bremerhaven, were recent- ly awarded contracts. Schichau Un- terweser will be building two 650-gt RO/RO trailer carriers, while Lloyd Werft has received a contract to do additional work on the QE2. Furthermore, Bremer Vulkan is building two containerships for American President Lines, while Howaldtswerke Deutsche Werft of Kiel, is constructing three contai- nerships for APL. HDW recently christened the first two of the se- ries. Photo right: Wartsila-built Seaward In the Netherlands, Damen Ship- yards recently acquired the shares of dredging specialist De Groot Nij- kerk Machinefabriek B.V. The take- over expands Damen's shipbuilding range. The yard now builds tug- boats, workboats, fishing vessels, military vessels, offshore and trans- (continued) Circle 288 on Reader Service Card 17 # MM MAN B&W Cuts Your Fuel-Bill by 40%* MAN B&W Diesel / 50 Broadway / New York, N.Y. 10004 / Telephone (212) 269-0980 / Telecopy (212) 363-2469 / Telex: 421374 mancorp MAN B&W Diesel A/S / Ostervej 2 / DK-4960 Holeby / Denmark / Telephone +45 3 90 60 26 / Telecopy +45 3 90 66 76 / Telex: 40646 hodiel dk i^M^LEiSlf GENERATING SETS MAN saw