Scandinavian Shipbuilding
— Denmark
(continued from page 26)
shipowner is Lindovaerft, at
Odense. In this instance, the rela-
tionship stems from the fact that
the shipowner, A P Moller, is the
yard's parent company. Orders from
Moller account for a large propor-
tion of the yard's currently healthy
orderbook, which includes a pair
of 15,000 m3 LPG tankers, and a
series of 48,000 dwt products
tankers.
Indeed, Lindovaerft is becoming
something of a specialist in this
kind of vessel, with two further
examples on order for Torm D/S,
and the delivery of two giant 97,570
dwt products tankers to A P Moller
last year. In addition, a $52.6-mil-
lion order for two 20,000-dwt prod-
ucts tankers has just been an-
nounced. Due for delivery towards
the end of 1986, the vessels have
been ordered by the Danish In-
vestment Fund, and will be bare-
boat chartered to A P Moller with
an option to buy after the first five
years.
Of the smaller Danish yards,
the most successful has been the
prolific coaster builder Nordso-
vaerft. At the beginning of this
year the yard had nine vessels on
the orderbook, including a series
of three multi-purpose dry cargo
ships with container capacity for
Elite Shipping. These vessels are
due for delivery in the last quarter
of 1984 and the early part of 1985
In general, Danish shipyards
have managed to remain inde-
pendent from state ownership, and
relatively busy. They are helped
considerably by the fact that Dan-
ish shipowners rarely place orders
overseas, and indeed many of the
yards are actually owned by ship-
ping companies.
Finland
A glance at the list of Finnish
deliveries in recent years shows
quite conclusively that the coun-
try's shipbuilding industry is very
heavily dependent on orders from
the USSR. It has been estimated
that around 60 percent of Finnish
shipbuilding activity since 1980
has been for the Soviet Union, and
indeed of the 33 vessels of more
than 2,000 dwt delivered by Fin-
nish yards in 1983, only five were
destined for non-Soviet ownership.
At the beginning of 1984, how-
ever, Finnish orderbooks were
showing a decline, due almost en-
tirely to the fact that the lion's
share of the work resulting from
the current Soviet five-year plan
had already been exhausted.
Therefore, the recent announce-
ment of 21 Soviet newbuildings for
Finland, all of which are advance
orders for the next five-year plan,
has been enthusiastically wel-
comed by the four major Finnish
shipbuilding groups, each of which
will be getting a slice of this very
lucrative pie.
The major beneficiary of this
latest round of Soviet ordering is
state-owned Valmet, with a 52
percent share, in financial terms,
of the total order. It is to build a
total of eight new vessels: three
400-berth accommodation vessels,
worth $40 million each at its Turku
yard, and an additional five arctic
multi-purpose cargo ships, of the
successful SA 15 design, at
Helsinki.
Valued at some $52.6 million
each, these ships will incorporate
slight modifications. The changes
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Hollming Ltd. Shipyard Rauma, Finland.
are expected to affect the quarter
ramp design, accommodation, and
engine room layout.
These orders were announced
about the same time as a $50 mil-
lion contract with Swedish owner
Birka Line for a 21,000 grt pas-
senger vessel, representing a re-
markable turnaround in fortunes
for Valmet.
Although state-owned, the yard
is required to operate efficiently
and does not benefit from govern-
ment subsidies. At the beginning
of 1984 the orderbook was at a
particularly low ebb. As a result,
the corporation merged its
two Turku yards — Perno and
Laivateollisus — with the loss
of a number of jobs. Shortly there-
after, the firm decided to use its
large building dock at Helsinki
solely for conversion and repair
work.
Valmet is Finland's largest ship
repairer, with capacity for over
,400 ships per year. However, with
the Birka Line order heralding the
corporation's entry into the pas-
senger vessel field, and the Sovi-
ets' timely boost, Valmet is now
looking forward to a healthy future.
Numerically, the largest share
of the Soviet order has gone to
Rauma Repola, with nine vessels
spread among its three yards. Five
Circle 91
5,000 dwt arctic product tankers
will be built at Rauma, with two
ocean-going tugs ordered from
Uusikaupunki, and two hydro-
graphic survey vessels from Savol-
lina. The new orders are particu-
larly important to these latter two
yards, which were rapidly running
out of work.
Hollming, although smaller, is
one of the country's major ship-
builders, and is now becoming
something of a specialist in the de-
sign and construction of research
vessels. It currently has four such
craft on order from the USSR, two
of which are its share of the latest
orders. It is now looking to capital-
ize on its experience in building
this type of ship, and has recently
set up an ocean systems depart-
ment for the development market-
ing of complex electronic systems.
Without doubt, the most suc-
cessful of the Finnish shipbuilders
is Wartsila, one of the few genu-
inely healthy shipbuilding con-
cerns in the world today. Despite
only receiving contracts for a pair
of dredgers in the latest Soviet or-
dering spree, there remains a large
amount of good quality tonnage on
the books at both its Helsinki and
its Perno yards.
The major element in Wartsila's
success is its specialization in two
Valmet is building a series of multi-purpose dry cargo ships for the Soviet Union. Circle 97.
28 Circle 333 on Reader Service Card Maritime Reporter/Engineering News
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