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quote: Another cruise build for Mitsubishi HI? 25/02/2004 Would Carnival build again in Japan? ‘We’d love to do it,’ Carnival Corp. chairman and ceo Micky Arison told Seatrade Insider in Nagasaki today, adding that it would be partly a question of Mitsubishi’s level of interest in the cruise sector.‘They’re virtually full through ’07 with container ships and VLCCs,’ Arison pointed out. ‘But based on the job they did with Diamond Princess, we would build at Mitsubishi again. We’re clearly thrilled with the job they’ve done. It’s a function of whether their interest level is there.’Will Mitsubishi Heavy Industries bid for more cruise ship orders? ‘We want now to concentrate on delivering the two ships (Diamond and Sapphire Princess). This is a big job for us,’ said Kazunori Ohta, md & gm-shipbuilding for Mitsubishi HI. ‘And after that, we want to study everything about cruise ship building ... (Then) we will decide whether to market (to more cruise lines).Ohta also disclosed that Mitsubishi HI intends to invest more in cruise-ship related technology, but he declined to give details.
Will Mitsubishi Heavy Industries bid for more cruise ship orders? ‘We want now to concentrate on delivering the two ships (Diamond and Sapphire Princess). This is a big job for us,’ said Kazunori Ohta, md & gm-shipbuilding for Mitsubishi HI. ‘And after that, we want to study everything about cruise ship building ... (Then) we will decide whether to market (to more cruise lines).
Ohta also disclosed that Mitsubishi HI intends to invest more in cruise-ship related technology, but he declined to give details.
Glad to hear that the Diamond Princess turned out so well for Princess, Carnival Corp and Mitsubishi HI.
tyler
quote:From another article in Seatrade Insider Princess Praise for Mitsubishi:Langston-Carter called Diamond Princess ‘the best delivery for first in a series’ of the 15 newbuilds with which he has been involved. ‘This ship is in very good condition,’ he said. ‘Everything is finished.’ Langston-Carter added that he’s also pleased with the progress on Caribbean Princess, delivering from Fincantieri on March 20. ‘There’s quality in both yards and we’re very satisfied with both,’ he said.
Langston-Carter called Diamond Princess ‘the best delivery for first in a series’ of the 15 newbuilds with which he has been involved. ‘This ship is in very good condition,’ he said. ‘Everything is finished.’ Langston-Carter added that he’s also pleased with the progress on Caribbean Princess, delivering from Fincantieri on March 20. ‘There’s quality in both yards and we’re very satisfied with both,’ he said.
Plaudits to MHI. However will it mean more orders? In my opinion European yards (Fincantieri, etc.,) still have the upper hand (not just in shipbuilding...). In a market where there is no guarantee of steady orders of cruise ship newbuilds why risk investing further money in this sector? MHI will continue to receive orders for boxships, VLCCs, bulkers, etc., into the future. Shouldn’t they just concentrate on this? Opinions please.
Cheers
I understand why Carnival Corp would like to keep MHI building cruise ships... it gives them a non-European option for new ship orders when the European currency is strong against the dollar. When the Euro is high it is more expensive (sometime too expensive) to order a ship from a European yard. However, if there is a capable and less expensive yard in Japan where the US Dollar might be strong against the Yen- Carnival may still orders new ships- thus giving them an advantage over the competition.
If there is one thing I've learned over the years from watching Carnival Corp its that they always work the best economic angle.
Also the Japanese, Korean and Chinese shipyards are fully as modern (in many cases more so) than European yards.
If Diamond Princess is a success, look for Asian shipbuilding to be fully competitive.
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