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STX France has interest towards Finnish maritime contractors

It seems, that STX France is having real interest towards the Finnish maritime contractors, who have done works in STX Finland in previous Oasis-class projects. According to news today, STX France may be contracting Finnish maritime subcontractors in RCI’s third Oasis –class vessel project, which we wrote a lot late 2012. The news talked about decent amount of orders, summing up to 100+ million Euros. This is absolutely great news for Finnish shipbuilding cluster, who have excellent references in Oasis of the Seas and Allure of the Seas projects.

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Mikko Varjanne

Chief Operational Officer, M.sc Econ, Bachelor of Hotel, Restaurant and Tourism Management, In maritime industry since 1998

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Shipyard for sale, Finnish shipyards looking for a buyer

I took advantage of the high quality blog posts and professional journals gathering the news of Finnish shipyards now being for sale and do not write anything about the things around it. To summarize: STX Groups problems have escalated into level, which forces the current decision makers to sell parts of the group, including STX Europe, which basically consist of STX Finland and STX France. There is a strategic interest for French government to buy the majority of their navy service provider but that is not the case in Finland. At least not in the Turku shipyard, which is known more of the fine cruise vessels. Rauma  shipyard however, is strategically important for Finnish navy. Rauma is known for special vessels and it has been suffering of the unclear political decision making regarding sulphur regulations, which has frozen the newbuilding of pax vessels in certain areas in the world. Well, problems in financial environment have a lot to do in that sector as well.

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Mikko Varjanne

Chief Operational Officer, M.sc Econ, Bachelor of Hotel, Restaurant and Tourism Management, In maritime industry since 1998

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STX France and third Oasis class ship procurement

In the beginning of February, we had a visit to STX France and had a proper meeting with the procurement department. We had an audit request from the Sourcing director himself and were naturally pleased to hear, that our concept awakened so much interest. Why wouldn’t it be interesting to sourcing department and to the person in charge of sourcing in a giga-size project, which is completely new for the organization?

STX France MSC Preziosa

STX France MSC Preziosa

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Mikko Varjanne

Chief Operational Officer, M.sc Econ, Bachelor of Hotel, Restaurant and Tourism Management, In maritime industry since 1998

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Visiting STX France concerning third Oasis class ship procurement

I’ve taken a time off from blogging about the third Oasis class ship although there is quite interesting debate going on at least in the Scandinavia. The fact is, that STX France has the big project on hand and naturally it is the main thing that matters at least for those involved with that huge project. The client wants to get the most spectacular piece of cruise ship delivered with quality. There are challenges on the way but after all, it is just work and with right attitude and resources, many difficult things can be resolved. There might be stones on the path to success, but it is up to individuals whether they build a wall or a bridge from the stones.welding

I’ve been having a bunch of meetings internally, sewing network with professionals in the business and virtually welding together an interesting concept for the industry. Early this week our team is happy to inform, that we have received a request to visit the procurement department of STX France. The Sourcing director himself answered to us and we’re preparing the trip as we speak.

It is interesting to hear what they think, how the concept of ours could help them to find the best service providers and material manufacturers with the latest references with the previous Oasis class vessels and other cruise ships in the world.

Mikko Varjanne

Chief Operational Officer, M.sc Econ, Bachelor of Hotel, Restaurant and Tourism Management, In maritime industry since 1998

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Third Oasis Class ship is going to be built in STX France shipyard starting in January 2013

First, I’d like to congratulate RCCL for the new vessel in the pipeline. RCCL’s president Mr. Richard Fain has commented to the media, that the Oasis –class vessels have been a huge success, which I strongly believe. The third oasis class ship and the possible option has demand in the market. As analysed in the earlier posts about the third Oasis –type series, RCCL’s EBITDA levels have risen since both Oasis and Allure of the Seas vessels have been in service. Economics of scale matters!
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Mikko Varjanne

Chief Operational Officer, M.sc Econ, Bachelor of Hotel, Restaurant and Tourism Management, In maritime industry since 1998

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Third Oasis Class ship is reality but will STX build the vessel in easier European shipyard?

Despite what the rumours have told and the newspapers written, it is starting to seem, that the third Oasis class or Oasis “type” ship is going to be built elsewhere than her sisters. The two first Oasis class ships were built in Turku, Finland. Now the situation seems, according to several sources, to be the following:

  1. STX Finland Oy’s equity level is not good enough for Finnish governmental guarantees
  2. STX France is capable to do the work
  3. STX France is partially owned by the French government

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Mikko Varjanne

Chief Operational Officer, M.sc Econ, Bachelor of Hotel, Restaurant and Tourism Management, In maritime industry since 1998

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Third Oasis Class ship is reality but which shipyard is getting the contract to build it?

This week, I started a three-part blog series concerning the third Oasis Class ship to be negotiated between STX Finland and Royal Caribbean Cruises Ltd (RCCL). Yesterday 25th October 2012, RCCL had announced in their 3rd interim report and also commented officially into the rumors  which RCCL had earlier declined.  This series of short speculations will have three parts, which consist of three parts and continues with the second one today:

  1. Finnish shipbuilding  cluster and government
  2. Royal Caribbean Cruises Ltd (RCCL)
  3. STX Finland – Turku shipyard and the group

In the interim statement, in addition to publishing financial information, RCCL confirmed it is negotiating for construction of another Oasis-type vessel for delivery in middle to late 2016. The company said it has not made an agreement yet, but hopes to do so before year’s end. “The new ship is expected to cost less on a per-berth basis than either of the first two Oasis-class vessels”, RCCL said in a press release. When announcing quarterly results, they were able to announce good news. The company is financially profitable despite of the challenges the Consta Concordia average caused for the industry.

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Mikko Varjanne

Chief Operational Officer, M.sc Econ, Bachelor of Hotel, Restaurant and Tourism Management, In maritime industry since 1998

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