Fincantieri’s shipyard in Ancona, Italy.
Martin Landtman took up the position as
terial prices and newbuilding costs, will
entertainment onboard, it is clear to see
manager for the Finnish yards. Together
continue to influence the order intake go-
that some cruise liners may consider refur-
with the manager for the yards in France
ing forward.
bishing older ships a cost-effective alterna-
and the manager for sales and marketing
Still, despite turbulence in the world’s
tive to newbuildings. STX Europe’s Lifecy-
within Cruise & Ferries, he is part of the
financial markets, STX Europe received or-
cle Services unit specialises in conversions
corporate management team.
ders for two new ferries during the quar-
and refurbishments, and follows opportu-
ter.
nities in this market niche closely.
Through 2008, the company communicated that the key markets may sof-
And, as always, any crisis brings
about also opportunities for those willing
FINCANTIERI FEELS THE STING
The general economic climate, and
and able to embrace them. With strict-
The Italian shipyard of Fincantieri agrees
its effect on factors like access to financ-
er safety and environmental regulations
with the assessment of its Northern col-
ing, number of cruise passengers, raw ma-
and more focus on passenger comfort and
leagues – the company remarks that the
ten compared to 2007.
10
seatec 1/2009