The European Union’s recently launched Ship Leaders 2015 plan sets out a development path that aims to ensure the sustainability and prosperity of the European shipbuilding industry. It is reported that about 10% of the profits will be used in high-level and high-level prototype research, development and innovation, making European shipbuilding companies occupy a strong position in the global competition of sophisticated and high value-added ships.

The report emphasizes that more investment in research and development is needed in future market competition. More and more European shipbuilding companies are committed to high-tech research, new ship development and innovation, and continue to increase investment to maintain their leading position in these fields. However, due to the current market and operating conditions, the profit of shipbuilding enterprises is reduced, it is difficult for enterprises to provide sufficient financial support for R&D from the turnover. Faced with this situation, the report calls for European shipbuilding technology to be likely to go downhill if it does not take appropriate measures to strengthen R&D and innovation.

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