Fincantieri signs agreements with Carnival and CSSC for the development of the shipbuilding Chinese in the field of the cruises


The comment inforMARE Interrogating to us on the agreement which signed last month from Carnival and CSSC and which extended to Fincantieri, some readers had asked to us which he can be the interest of the Italian group in this initiative. Nobody, or almost, we had answered. He seems obvious, we had replied to us to our interlocutors, than Fincantieri it is myself due to fold to desires of its main customer, the colossus American world leader of the crocieristico field to which obviously he convene that the own new ships are second constructed the advance standards of Fincantieri but with contained costs more. The agreements sign with the Chinese group, if they will not lead at least to a participation of the Italian company in the operating societies of CSSC - we had found - are shaped as a mere transfer of know-how-how. A patrimony of experiences that would have to be the virtue of Fincantieri and as which preserved such as the more precious jewel, as the only competitive asset that still succeeds to guarantee to a consisting Fincantieri advantage on the competitors in this important market. A month it makes CSSC had explained that, based on the agreement, the Chinese group will be in charge of the planning and construction of the cruise ships, while Carnival will take care of their operating management. "Up to now and for a long time - the president of CSSC, Hu Wenming had said - the development and the technologies of construction of the cruise ships are concentrated in the hands of little European societies and currently beyond 80% of the world-wide market of the cruise ships of luxury it is limited to Finland, Italy, France and Germany, constructions that have generated an enormous economic return for Europe. In the 2010 - it had observed Wenming - altogether field of the cruises it has generated in the European economy revenues for 35,2 billion euros, of which 14 billion direct returns. Within the end of the 2014 European ship yards they will realize 23 new cruise ships with a total investment almost 11 billion euros. By a total point of view - it had emphasized the chairman of CSSC - the shipbuilding center of the world-wide one is transferred in China, where this year CSSC has turned out to the first place in the world for new orders and pocketbook orders, however still centralized on conventional ships to rinfusiere, oil tankers, portacontainer and other ships. Currently many advanced nations have moved their barycentre of the shipbuilding towards the cruise ships and also Japan and South Korea have made their income in the market. China, with cruise ships planned and constructed independently - it had concluded Wenming - has conquered of the shipbuilding realizing the dream of powerful a shipbuilding Chinese and CSSC is time ready in order to put itself at stake". Today Bono will be able also to declare of being happy for contributing to the development of the shipbuilding ability to China for the Chinese market. To we he seems, as already we had said our readers, than - necessary - the managing director of Fincantieri cannot make that good face to bad game.
The comment inforMARE

Interrogating to us on the agreement which signed last month from Carnival and CSSC and which extended to Fincantieri, some readers had asked to us which he can be the interest of the Italian group in this initiative. Nobody, or almost, we had answered. He seems obvious, we had replied to us to our interlocutors, than Fincantieri it is myself due to fold to desires of its main customer, the colossus American world leader of the crocieristico field to which obviously he convene that the own new ships are second constructed the advance standards of Fincantieri but with contained costs more. The agreements sign with the Chinese group, if they will not lead at least to a participation of the Italian company in the operating societies of CSSC - we had found - are shaped as a mere transfer of know-how-how. A patrimony of experiences that would have to be the virtue of Fincantieri and as which preserved such as the more precious jewel, as the only competitive asset that still succeeds to guarantee to a consisting Fincantieri advantage on the competitors in this important market.

A month it makes CSSC had explained that, based on the agreement, the Chinese group will be in charge of the planning and construction of the cruise ships, while Carnival will take care of their operating management. "Up to now and for a long time - the president of CSSC, Hu Wenming had said - the development and the technologies of construction of the cruise ships are concentrated in the hands of little European societies and currently beyond 80% of the world-wide market of the cruise ships of luxury it is limited to Finland, Italy, France and Germany, constructions that have generated an enormous economic return for Europe. In the 2010 - it had observed Wenming - altogether field of the cruises it has generated in the European economy revenues for 35,2 billion euros, of which 14 billion direct returns. Within the end of the 2014 European ship yards they will realize 23 new cruise ships with a total investment almost 11 billion euros. By a total point of view - it had emphasized the chairman of CSSC - the shipbuilding center of the world-wide one is transferred in China, where this year CSSC has turned out to the first place in the world for new orders and pocketbook orders, however still centralized on conventional ships to rinfusiere, oil tankers, portacontainer and other ships. Currently many advanced nations have moved their barycentre of the shipbuilding towards the cruise ships and also Japan and South Korea have made their income in the market. China, with cruise ships planned and constructed independently - it had concluded Wenming - has conquered of the shipbuilding realizing the dream of powerful a shipbuilding Chinese and CSSC is time ready in order to put itself at stake".

Today Bono will be able also to declare of being happy for contributing to the development of the shipbuilding ability to China for the Chinese market. To we he seems, as already we had said our readers, than - necessary - the managing director of Fincantieri cannot make that good face to bad game.
As a result of the agreement which signed last month between the crocieristico group American Carnival and the Chinese navalmeccanico group Lowers Is Shipbuilding Corporation (CSSC) for the construction of cruise ships in China, understanding that is extended to the navalmeccanico group Italian Fincantieri ( on 16 October 2014), this last one has announced today the subscription of two memorandum of understanding, respective with Carnival Corporation and with CSSC Holdings Limited, controlled of CSSC Lowers, exactly turns to explore the possibility of joint venture in the shipbuilding in the field cruise for the Chinese market. The Italian company has emphasized that such activity "would be shaped as a three-sided collaboration unprecedented for the realization of the first cruise ships never constructed in China".

In particular, Fincantieri will work with CSSC in order to develop the shipbuilding ability to China in the crocieristico section and will supply specialized services and componentry to support of the CSSC yards. Carnival instead, working with CSSC and Fincantieri, will contribute with own experience to create a vision, the definition and the detailed lists for the ships that will be constructed in China.

Fincantieri has remembered that the Chinese ministry of the Transports previews that China will be in the next few years according to crocieristico market to the world after the United States, on the thrust of the economic increase, the increment of the purchasing power of the Chinese consumers and the internal question in this field. According to the esteem of the ministry, China could count 4,5 million passengers within 2020 and is possible that thanks to this trend it becomes the first market in absolute. The Italian group has found that the potential collaborations as those between Fincantieri, Carnival and CSSC are times to support the policies of expansion in the crocieristico field of the Chinese ministry and the increase of all tourism in China.

"This new agreement with Fincantieri, that it follows what we have undersigned with CSSC last month - has said the managing director of Carnival Corporation, Arnold Donald - gives the opportunity to us to work with our partner of long date in order to explore joint venture that could forever change the panorama of the shipbuilding in China. We have worked approfonditamente in order to comprise the Chinese ambitions in the crocieristico section, and today we collaborate with two of the greater constructors to the world, Fincantieri and CSSC, in order to create a first floor truth that accelerates in the years to come the increase and the question in the cruises in China".

"These agreements with Carnival, to which we are legacies from consolidating partnership, and with CSSC - the managing director of Fincantieri has commented, Giuseppe Bono - they testify our determination in pursuing a strategy that more and more asserts Fincantieri as a total player and of reference in the field, with a strong presence in all those markets that assure a future in our business. In fact new international scenes go delineating itself, and with them new challenges join to those of anticipate, and are happy for contributing with Carnival to the development of the shipbuilding ability to China for the Chinese market. For this our engagement must be still larger, in order to put to us in condition for picking opportunity as these and for continuing to being an example of the italianità in the world".