Meyer Turku

Meyer Turku Oy
FormerlySTX Finland Oy
Company typeOsakeyhtiö
IndustryShipbuilding
PredecessorWärtsilä Marine
Founded7 November 1989 (1989-11-07) as Masa-Yards Turku New Shipyard[1]
FoundersFinnish state
Martin Saarikangas
Ted Arison
HeadquartersPerno,
Turku
,
Finland
Key people
Tim Meyer (CEO)[2]
ProductsCruise ships, passenger ferries and special ships[3]
Revenue
  • Increase€1,432,472,000 (2023)
  • Increase€1,295,528,000 (2022)[1]
  • Decrease–€37,976,000 (2023)
  • Increase€20,310,000 (2022)[1]
Number of employees
2,200 (12/2023)[1]
ParentMeyer Werft GmbH
Subsidiaries
  • Piikkio Works Oy
  • Shipbuilding Completion Oy
  • ENG'nD Oy
Websitemeyerturku.fi

Meyer Turku Oy is a Finnish shipbuilding company located in Turku, Finland Proper. The company is fully owned by German shipbuilder Meyer Werft GmbH. The main products are cruise ships and cruiseferries.

The shipbuilding facility is Perno shipyard in Turku. The yard area is 144 hectares and it is equipped with a 365-metre-long dry dock and two bridge cranes with capacities of 600 and 1,200 tonnes. Additionally, the company owns subsidiaries Shipbuilding Completion Oy, Rauma-based ENG'nD Oy and Piikkiö-located cabin builder Piikkio Works Oy.

The company was founded in November 1989 under name Masa-Yards Oy to continue operations of the previously bankrupted Wärtsilä Marine. The heritage, however, goes back to 1737 when industrial shipbuilding was first started in Turku.

Company

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Meyer Turku Oy is fully owned by Germany-based Meyer Werft GmbH.[citation needed]

Perno shipyard

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Main article: Perno shipyard
Aerial views of Perno shipyard, Turku, Finland with Icon of the Seas and Carnival Celebration cruise ships under construction, year 2022.

The main facility is Turku shipyard that is situated in Perno, Turku. The yard area is 144 hectares and it is equipped with a dry dock that is 365 metres long, 80 metres wide and 10 metres deep. The main crane is a bridge crane with 600 tonnes capacity.[citation needed]

Piikkio Works

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Ship cabins are built in a separate factory in Piikkiö, Kaarina under subsidiary Piikkio Works Oy. The company employs 134 people and its turnover was €38.9 million in 2014.[4]

Shipbuilding Completion

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Shipbuilding Completion designs and builds ship interior outfitting and operates in Perno shipyard premises.[5] The company turnover was €13.3 million in 2015 when it employed 16 people (2014).[6]

ENG'nD

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ENG'nD is an engineering company that is specialised on piping and electrical wiring system design. The company is based in Rauma and its turnover was €2.7 million in 2015.[7]

History

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Heritage

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History of industrial shipbuilding in Turku goes back to 1737, when the Swedish king gave to Turku merchants Esaias Wechter and Henric Rungeen a licence for shipbuilding next to river Aura. They recruited Scottish master shipbuilder Robert Fithie to lead the shipbuilding projects. After Wechter and Rungeen discontinued shipbuilding, Fithie founded a new company which later became known as Turku Old Shipyard.[8] The company was taken over by William Crichton who incorporated it into his own company W:m Crichton & C:o in 1882. The main customer was Imperial Russian Navy which ordered a number of torpedo boats and other vessels.[9] Crichton's company bankrupted in 1913, after which local businessmen Ernst and Magnus Dahlström founded Ab Crichton to continue shipbuilding. As all the Finnish shipbuilders, Ab Crichton suffered of low order intake at the early 1920s; it merged with its competitor and neighbour Ab Vulcan in 1924. The new company name became Ab Crichton-Vulcan Oy and its manager became Allan Staffans.[10] It got large orders from the Finnish Navy, most significant ones being coastal defence ships Väinämöinen and Ilmarinen.[11] By time Crichton-Vulcan grew the biggest shipbuilding company of Finland. The major owner became Helsinki-based Kone- ja Siltarakennus which also owned the Hietalahti shipyard. In 1935 Kone- ja Siltarakennus was taken over by Karelian iron mill Wärtsilä which was led by energetic Wilhelm Wahlforss.[12] Most of the ships produced by Wärtsilä Crichton-Vulcan were exported to Soviet Union but the importance of western market increased by time. The historical name Crichton-Vulcan was replaced by Wärtsilä Turku Shipyard in 1966.[13]

Moving to Perno

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The old yard area at river Aura was surrounded by the growing city and when Tankmar Horn became manager of Wärtsilä in the early 1970s, he initiated building a completely new yard out of the urban area. Construction of Perno yard began in 1975 and operations were gradually moved from river Aura to the new premises.[13] Wärtsilä's reputation as cruise ship builder grew and the proportion of freight ships decreased gradually. In 1987 Wärtsilä put together its shipbuilding operations with Valmet creating Wärtsilä Marine. Due to collapse of Soviet exports, errors in price calculations and other reasons, Wärtsilä Marine bankrupted in October 1989.[14]

Foundation and Norwegian ownership

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The company was founded as Masa-Yards Turku New Shipyard in November 1989 to continue operations of the previously bankrupted Wärtsilä Marine. The founders were Helsinki shipyard manager Martin Saarikangas, state of Finland and companies of which ships were laying unfinished at Wärtsilä Marine yards. Both the state and the shipowners wanted to sell the shares as soon as the operations were restarted and subsequently the company was taken over by Norwegian Kværner in 1990.[15] By 2002 the major owner of Kværner became another Norwegian company Aker which already owned the Finnish Rauma shipyard. In 2004 the shipbuilding activities were put under the same organisation Aker Yards. In 2008 Korean STX Corporation took over Aker Yards.

STX Finland

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Main article: STX Finland

The Korean owner renamed the European organisation STX Europe and its Finnish branch became STX Finland. Perno yard was specialised on large cruise ships and cruise ferries with a high degree of processing. Other branches were shipyards in Rauma and Helsinki and naval engineering company Aker Arctic.[16]

STX fell into a financial crisis and at the end of 2012 asked for financial support from the Finnish government in order to receive a large cruise ship order from RCCL. The government rejected this, because the overall project financing was not on a plausible basis. STX decided to build the ship at its French shipyard in Saint-Nazaire, where the government was more generous. The loss of such a valuable order in a difficult economic situation made the future of Finnish shipbuilding uncertain. The Finnish government started a secret operation to find more stable operators for the shipyards in order to save the industry in the country. The Rauma shipyard was closed in 2013 and the ground was sold to town of Rauma; the yard is now operated by Rauma Marine Constructions. The sole owner of Helsinki shipyard became Russian USC, which earlier owned half of it. In 2014 the new operator for Turku yard became Meyer Werft under name Meyer Turku.[16] At the beginning the state was the joint owner until Meyer Werft bought the rest of the shares.

List of ships built or on order

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Ship name Client Year Type Gross tonnage Yard number IMO number Status Notes Image Ref
Mein Schiff 4 TUI Cruises 2015 Cruise ship 99,526 GT 1384 9678408 In service [17]
Mein Schiff 5 TUI Cruises 2016 Cruise ship 98,785 GT 1389 9753193 In service [18][19]
Megastar Tallink 2017 Cruiseferry 49,134 GT 1391 9773064 In service [20]
Mein Schiff 6 TUI Cruises 2017 Cruise ship 98,811 GT 1390 9753208 In service [18]
Mein Schiff 1 TUI Cruises 2018 Cruise ship 111,500 GT 1392 9783564 In service [21][22]
Mein Schiff 2 TUI Cruises 2019 Cruise ship 111,500 GT 1393 9783576 In service [21][22]
Costa Smeralda Costa Crociere 2019 Cruise ship 185,010 GT 1394 9781889 In service Excellence-class [23]
Mardi Gras Carnival Cruise Lines 2020 Cruise ship 181,808 GT 1396 9837444 In service Excellence-class [24][25][26]
Costa Toscana Costa Crociere 2021 Cruise ship 183,900 GT 1395 9781891 In service Excellence-class [23][27]
Carnival Celebration Carnival Cruise Lines 2022 Cruise ship 183,900 GT 1397 9837456 In service Excellence-class [25]
Icon of the Seas Royal Caribbean International 2023 Cruise ship 248,663 GT 1400 9829930 In service Icon-class [28]
Mein Schiff 7 TUI Cruises 2024 Cruise ship 111,500 GT 1404 9851189 In service [29]
Star of the Seas Royal Caribbean International 2025 (planned) Cruise ship 250,800 GT 1401 9829942 Under construction Icon-class [30]
Finnish Border Guard 2025 (planned)[31] Offshore patrol vessel 4772041 Under construction[32] Letter of intent for two vessels signed on 16 August 2021.[33] [33]
Royal Caribbean International 2026 (planned) Cruise ship 250,800 GT 1402 9888560 Under construction Icon-class [34]
Finnish Border Guard 2026 (planned)[31] Offshore patrol vessel 4772053 Ordered [33]
Royal Caribbean International 2027 (planned) Cruise ship 250,800 GT Ordered Icon-class [35]

References

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  1. ^ a b c d "Meyer Turku Oy". Kauppalehti. Retrieved 9 June 2024.
  2. ^ "Turun telakalta poistunut Jan Meyer myöntää TS:n haastattelussa: "Me olemme yli-investoineet"". Tekniikka & Talous (in Finnish). Alma Media. 1 September 2020. Retrieved 16 March 2021.
  3. ^ "Company". Meyer Turku. Retrieved 16 March 2021.
  4. ^ "Piikkio Works Oy – Taloustiedot" [Piikkio Works Oy – Financial data]. Taloussanomat (in Finnish). Sanoma News Oy. Archived from the original on 2016-01-30. Retrieved 2015-12-27.
  5. ^ "Shipbuilding Completion". Turku. Retrieved 2015-12-27.
  6. ^ "Shipbuilding Completion Oy – Taloustiedot" [Shipbuilding Completion Oy – Financial data]. Taloussanomat (in Finnish). Sanoma News Oy. Archived from the original on 2016-03-04. Retrieved 2015-12-27.
  7. ^ "Technology Design and Engineering Eng'nD Oy". Kauppalehti (in Finnish). Helsinki: Kauppalehti Oy. Retrieved 2015-12-27.
  8. ^ Järvinen, Tapani (2013). "Veistämöitä ja telakoita Martinrannassa, osa I – Telakkatoiminnan varhaiset vaiheet" [Boatworks and shioyards in Martinranta, part I – Early stages of shipbuilding] (PDF). Martinranta (in Finnish) (2). Turku: Martinrantaseura ry: 6–12. Archived from the original (PDF) on 2016-03-04. Retrieved 2016-01-02.
  9. ^ Knorring: 2. William Crichtonin muistiinmerkintöjä. pp. 17–30.
  10. ^ Knorring: Osakeyhtiö Crichton. pp. 79–84.
  11. ^ Knorring: Suomen laivaston uudisrakennukset. pp. 97–107.
  12. ^ Knorring: Suuri nousu. pp. 107–114.
  13. ^ a b Knorring: Crichton-Vulcanista Turun telakkaan. pp. 126–135.
  14. ^ Knorring: Wärtsilä Marinen tarina. pp. 140–146.
  15. ^ Knorring: Masa-Yardsin tarina. pp. 147–152.
  16. ^ a b Rautio, Paavo; Tietäväinen, Ville (2015-01-15). "STX – kuinka telakkateollisuus pelastettiin keinoja kaihtamatta" [STX – how shipbuilding industry was saved with any means]. hs.fi (in Finnish). Helsinki: Sanoma company. Retrieved 2016-01-02.
  17. ^ "Mein Schiff 4 (33031)". Vessel Register for DNV. DNV. Retrieved 17 May 2015.
  18. ^ a b Keel laying of TUI Cruises Mein Schiff 5 and start of production for Mein Schiff 6 at Meyer Turku. Meyer Turku, 23 June 2015. Retrieved 2016-04-20.
  19. ^ "Mein Schiff 5 valmistui etuajassa – kohti Saksaa tänään". Turkulainen.fi. Retrieved 27 May 2018.
  20. ^ The keel of the Tallink’s new LNG-powered fast ferry Megastar was laid at the Meyer Turku shipyard. Meyer Turku, 9 February 2016. Retrieved 2016-04-20.
  21. ^ a b Meyer Turku to build Mein Schiff 7 and 8 for TUI Cruises. Meyer Turku, 1 July 2015. Retrieved 2016-04-20.
  22. ^ a b Mein Schiff 7 and 8 to become 1 and 2 as oldest ships go to Thomson. Seatrade Cruise News, 24 June 2016. Retrieved 2016-06-30.
  23. ^ a b Carnival Corporation orders two cruise ships from Meyer Turku. Meyer Turku, 15 June 2015. Retrieved 2016-04-20.
  24. ^ "Majesteetillinen näky: Carnival Mardi Gras -loistoristeilijä luovutettiin tilaajalle – katso video ja kuvat laivan sisältä". Taloussanomat (in Finnish). Sanoma. 18 December 2020. Retrieved 18 December 2020.
  25. ^ a b "Media Center - Carnival Corporation". Archived from the original on 2017-03-25. Retrieved 2016-09-06.
  26. ^ "Mardi Gras - Carnival Corporation". Retrieved 2018-12-06.
  27. ^ "Meyer Turun valmistaman uuden aluksen nimeksi Costa Toscana" (in Finnish). Turun Sanomat. 30 July 2019. Retrieved 30 July 2019.
  28. ^ "Icon of the Seas (38545)". Vessel Register for DNV. DNV. Retrieved 2024-01-14.
  29. ^ Another New Ship as TUI Set to Order Mein Schiff 7. Cruise Industry News, 12 February 2018. Retrieved 2018-02-13.
  30. ^ "Second Cruise Ship in the Icon Class". MEYER TURKU. Retrieved 2023-12-14.
  31. ^ a b ""Crazy" – Ulkomaiset mediat äimistelivät Turussa rakennettavaa jättiristeilijää". Helsingin Sanomat (in Finnish). 11 May 2023. Retrieved 11 May 2023.
  32. ^ "Rajavartiolaitoksen uusien ulkovartiolaivojen rakentaminen alkoi" (in Finnish). Navigator Magazine. 13 December 2023. Retrieved 15 December 2023.
  33. ^ a b c "Meyer Turun telakka rakentaa Rajavartiolaitokselle monitoimialuksia" (in Finnish). YLE. 16 August 2021. Retrieved 16 August 2021.
  34. ^ Royal Caribbean Inks Deal for Third Icon Class Ship for 2025 Delivery. Cruise Industry News, 2 July 2019. Retrieved 2019-07-10.
  35. ^ "Royal Caribbean Group Signs Agreement with Meyer Turku for the Next Ship in its Revolutionary Icon Class; Adds Options for Additional Icon Class Ships".

Bibliography

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  • von Knorring, Nils (1995). Aurajoen veistämöt ja telakat [Boat- and Shipyards along River Aura] (in Finnish). Espoo, Finland: Schildts Förlags Ab. ISBN 951-50-0735-6.
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