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A competitive and strategic sector for Europe.
The European shipbuilding industry is a dynamic and competitive sector both in the EU and on a global scale. It has great importance from both an economic and a social perspective, and also involves other areas including transport, security, research and the environment. The EU promotes its development and addresses competitiveness issues the sector is facing.
Shipbuilding is an important and strategic industry in a number of EU Member States. Shipyards often play a significant role for the regional industrial infrastructure and, with regard to military shipbuilding, for national security interests. The European shipbuilding industry is the global leader in the construction of complex vessels such as cruise ships, ferries, mega-yachts and dredgers. It also has a strong position in the building of submarines and other naval vessels. Equally, the European marine equipment industry is world leader for a wide range of products from propulsion systems, large diesel engines, environmental and safety systems to cargo handling and electronics.
There are around 150 large shipyards in Europe, with around 40 of them active in the global market for large sea-going commercial vessels. Around 120,000 people are directly employed by shipyards （civil and naval, new building and repair） in the European Union. With a market share of around 15% in volume terms, Europe is still vying （with South Korea） for global leadership in terms of the value of civilian ships produced （15 billion Euros in 2007）。
In shipbuilding, the level of sub-contracting can go up to 80% in terms of value. The marine equipment industry has an annual turnover （2007 figures） of around €26bn （including naval technology） - of which over 45% is exported, it provides direct employment for approximately 300,000 people, and it possesses a global market share of around 35%.
The European shipbuilding industry is a dynamic and competitive sector both in the EU and on a global scale. It has great importance from both an economic and a social perspective, and also involves other areas including transport, security, research and the environment. The EU promotes its development and addresses competitiveness issues the sector is facing.
Shipbuilding is an important and strategic industry in a number of EU Member States. Shipyards often play a significant role for the regional industrial infrastructure and, with regard to military shipbuilding, for national security interests. The European shipbuilding industry is the global leader in the construction of complex vessels such as cruise ships, ferries, mega-yachts and dredgers. It also has a strong position in the building of submarines and other naval vessels. Equally, the European marine equipment industry is world leader for a wide range of products from propulsion systems, large diesel engines, environmental and safety systems to cargo handling and electronics.
There are around 150 large shipyards in Europe, with around 40 of them active in the global market for large sea-going commercial vessels. Around 120,000 people are directly employed by shipyards （civil and naval, new building and repair） in the European Union. With a market share of around 15% in volume terms, Europe is still vying （with South Korea） for global leadership in terms of the value of civilian ships produced （15 billion Euros in 2007）。
In shipbuilding, the level of sub-contracting can go up to 80% in terms of value. The marine equipment industry has an annual turnover （2007 figures） of around €26bn （including naval technology） - of which over 45% is exported, it provides direct employment for approximately 300,000 people, and it possesses a global market share of around 35%.
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