In the medium-term prospects for the European shipbuilding industry are bright. The European Association believes the CESA (Community of European Shipyards' Association) which met in recent weeks at the meeting in Oslo to discuss recent market developments and policy for the sector of shipbuilding.
The overall volume of orders for new vessels started to grow again: in 2010, new orders to European shipyards have almost quintupled over the previous year and also the volume of ships delivered increased slightly, while revenue grew by 20%.
If this trend is reassuring and the outlook is considered positive, CESA has, however, we ignore the serious concerns is the persistent weakness in demand for structural imbalances in the global market, faced with an unprecedented overcapacity.
The association has confirmed that the next two years will continue to be very difficult for the industry. Only a few yards - took over the CESA - were able to secure large orders for 2012 and subsequent years and, consequently, the impact on employment resulting from the collapse in demand that occurred from 2008 and during the 2009 will affect the EU shipbuilding industry especially in 2011 and 2012.
On what basis is based, therefore, the confident expectation of the association? In the coming decades - has explained the CESA - the use of seas and oceans will significantly diversify and, thanks to their unparalleled engineering expertise, flexibility and innovation - has highlighted the association - European shipyards are well equipped to provide highly specialized vessels for existing and new markets, such as offshore production of fossil fuels and renewable energy, security and defense, tourism, resulting in deep water and many other areas.
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In the medium-term prospects for the European shipbuilding industry are bright. The European Association believes the CESA (Community of European Shipyards' Association) which met in recent weeks at the meeting in Oslo to discuss recent market developments and policy for the sector of shipbuilding. 
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
