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e-brod.com: 50 New Ships Ordered
Topic: Shipbuilding
One sentence from the Vice Prime Minister and Minister of Economy, Labour and Entrepreneurship, Damir Polančec, in a TV appearance recently, brought the subject of shipbuilding into the public eye. Polančec said one shipyard will be shut down and one will be converted. To prevent further a further avalanche of speculation from the media, Tomislav Mazal, Spokesperson of the Ministry of Economy, denied reports of the possible bankruptcy of Brodotrogir, and stated that the Ministry is revising improved restructuring plans introduced by the management of the five state-owned shipyards and that it is too early to talk of shutdown or bankruptcy of any shipyards.

The restructuring of shipbuilding is one of the negotiating elements for accession to the EU. The Croatian side has requested a transitional period until 2015, by which time shipbuilding would become a profitable business. There is considerable disparity between the current poor situation and the much brighter future that has been present in shipbuilding for a long time: order books are, in fact, full for many years in advance. The world order book statement puts Croatia in 10th place and last year as many as 50 ships of a total capacity of more than 2.2 million dwt were ordered from Croatian shipyards.

Source: PV International 28.04.2008.

 
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