Shipbuilding projects are capital intensive. But the yards are not well suited to organise all the necessary financing elements. The ad hoc financing group monitors the developments on the financing market and provides expertise for exploring the possibility of establishing EU wide instruments to increase the volume of financing which shipyards are in urgent need for.
Shipyards as system integrators depend on sound performance of their suppliers. With on average 70% of the ships value being procured, related questions are a key competitiveness factor. Strategic questions including global sourcing, innovation alliances or quality management are being discussed in the procurement group.