Since 2004, shipyards in the European Union and Norway have moved away from manufacturing cargo ships to building passenger ships. This shift in European shipbuilding was caused by the emergence of East Asian countries - namely China, South Korea, and Japan - as the dominant shipbuilding countries of cargo ships, especially container ships. Instead of competing with their East Asian rivals, European shipyards focused on manufacturing passenger ships, such as cruise ships, ferries, and yachts.
Shipbuilding order book of the European Union (EU-27), United Kingdom, and Norway from 2004 to 2020
(in million CGT)
CGT stands for compensated gross tonnage. Compensated gross tonnage indicates the workload needed to produce a ship. It is calculated by multiplying the ship tonnage by a coefficient dependent on the ship size and type.
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Statista. (August 13, 2021). Shipbuilding order book of the European Union (EU-27), United Kingdom, and Norway from 2004 to 2020 (in million CGT) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1257576/eu-27-plus-uk-and-norway-shipbuilding-order-book-by-ship-type/
Statista. "Shipbuilding order book of the European Union (EU-27), United Kingdom, and Norway from 2004 to 2020 (in million CGT)." Chart. August 13, 2021. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1257576/eu-27-plus-uk-and-norway-shipbuilding-order-book-by-ship-type/
Statista. (2021). Shipbuilding order book of the European Union (EU-27), United Kingdom, and Norway from 2004 to 2020 (in million CGT). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1257576/eu-27-plus-uk-and-norway-shipbuilding-order-book-by-ship-type/
Statista. "Shipbuilding Order Book of The European Union (Eu-27), United Kingdom, and Norway from 2004 to 2020 (in Million Cgt)." Statista, Statista Inc., 13 Aug 2021, https://www.statista.com/statistics/1257576/eu-27-plus-uk-and-norway-shipbuilding-order-book-by-ship-type/
Statista, Shipbuilding order book of the European Union (EU-27), United Kingdom, and Norway from 2004 to 2020 (in million CGT) Statista, https://www.statista.com/statistics/1257576/eu-27-plus-uk-and-norway-shipbuilding-order-book-by-ship-type/ (last visited December 21, 2024)
Shipbuilding order book of the European Union (EU-27), United Kingdom, and Norway from 2004 to 2020 (in million CGT) [Graph], Statista, August 13, 2021. [Online]. Available: https://www.statista.com/statistics/1257576/eu-27-plus-uk-and-norway-shipbuilding-order-book-by-ship-type/