Welcome to FIS   Sponsored By
United States
Subscribe to FIS | Register with FIS | Advertise with FIS | Newsletter | About FIS | Contact us
   


The shipbuilding industry is beginning to rebound after two years of being almost paralyzed. (Photo: Shipyards Asenav/FIS)

Gradual recovery for Chilean shipyards

Click on the flag for more information about Chile CHILE
Friday, January 14, 2011, 04:30 (GMT + 9)

The international financial crisis and the emergence of the infectious salmon anemia (ISA) virus halted the continuation of a five year period of prosperity for the Chilean shipyard sector, when they used to turnover USD 350 million a year.

After two years of almost complete paralysis, little by little, the industry has begun to rebound, with the construction of new vessels.

Today, however, uncertainty is generated by the reduction of fishing quotas, especially mackerel, which influenced the decline in ship orders for companies in the north of the country, reports El Mercurio.

A few years ago, the shipyard industry had a waiting list exceeding 18 months for the construction of boats costing over USD 40 million.

But with the crisis and the ISA virus in the country, companies in the industry pushed for extending the life of their ships. Thus, orders stopped and industry sales fell to just USD 120 million a year.

Asmar, a Naval Shipyard, had 80 per cent of its operations in Talcahuano, a city that was hit by an earthquake in February. This caused losses valued at USD 250 million and severely damaged its productive capacity. In 2010, the company was restricted to completing three pre-tsunami orders.

In the private sector, Carlos Berner, executive director of the Asenav shipyard based in Valdivia, said his business in the last two years was limited to completing the construction of the Stella Australis vessel for Navimag from mid-2009.

But the entrepreneur said that now "the international market has begun to normalize" and his company has orders for five ships, worth USD 40 million.

In addition, the company is negotiating the construction of three vessels: two large oil transports for the Danish company Maersk as well as a fishing vessel, with income thought to reach close to USD 120 million.

If these operations are realized, the Chilean shipyard will cover its production capacity for the next 18 months.

Ascon, one of the six largest shipyards in the country, expects this year to increase the USD 20 million turnover it saw last year by 40 per cent.

Thus, large shipyards project that with the worldwide revival, sales will reach USD 260 million, recovering for lost pace after the crisis.

However, they estimated that sales in the country will be fulfilled within three or four years, when much of the national fleet of fishing boats (about 60 ships) reaches its operational limit and needs replacing.

Furthermore, in the fisheries sector, especially in the north, there is much uncertainty about the drastic reduction of the amount of mackerel, so they do not wish to go into debt with the renewal of their fleet.


By Silvina Corniola
editorial@fis.com
www.fis.com

 

Photo Courtesy of FIS Member  ASENAV S.A.
 Print


Click to know how to advertise in FIS
MORE NEWS
Indonesia
Aug 31, 02:40 (GMT + 9):
Pole-and-line tuna catch remains healthy, affirms IPNLF
Australia
Aug 31, 01:20 (GMT + 9):
NGO accuses Coles of breaching its own tuna sustainable policy
Australia
Aug 31, 00:20 (GMT + 9):
World’s first pearl fishery seeks MSC certification
Namibia
Aug 28, 23:50 (GMT + 9):
IN BRIEF - Bidvest Posts Disappointing Results
Australia
Aug 28, 23:50 (GMT + 9):
IN BRIEF - Australia's first certified sustainable tuna coming soon
Namibia
Aug 28, 23:50 (GMT + 9):
IN BRIEF - Bidvest Optimistic Amid Turbulent Seas
United States
Aug 28, 23:50 (GMT + 9):
Nestle accused of using slave-caught fish
South Korea
Aug 28, 23:40 (GMT + 9):
IN BRIEF - Dongwon F&B sells 'healthy' canned tuna
United States
Aug 28, 23:40 (GMT + 9):
IN BRIEF - Starkist Class Action Settlement Means Customers Get USD 25 In Cash Or USD 50 In Tuna
Bulgaria
Aug 28, 23:40 (GMT + 9):
IN BRIEF - Fake caviar rife in Bulgaria and Romania, says study
Australia
Aug 28, 23:30 (GMT + 9):
IN BRIEF - Could we soon be wearing sustainable pearls? World’s first pearl fishery enters MSC assessment
Lithuania
Aug 28, 23:30 (GMT + 9):
EU approves EUR 82 million package for the Lithuanian fisheries sector
Germany
Aug 28, 23:00 (GMT + 9):
GLOBALG.A.P. publishes new sustainability add-on for feed manufacturers
Chile
Aug 28, 22:30 (GMT + 9):
Salmon farming sanitary parameters and productivity improve
Austria
Aug 28, 22:10 (GMT + 9):
OPEC and ONU support shrimp sector in Latin America



Lenguaje
FEATURED EVENTS
  
TOP STORIES
UACh receives USD 6.4 million for Antarctic research project
Chile Universidad Austral de Chile and its associated organizations will receive USD 6.4 million for the development of frontier research in the Antarctic and sub-Antarctic zone.
Shrimp trawling responsible for the highest bycatch
Worldwide Shrimp trawling accounts for more bycatch volume than any other fishery type but efforts to reduce bycatch can make a positive difference, concludes a report about bycatch in the wild shrimp sector released by Sustainable Fisheries Partnership.
Spanish firm allocated fishing terminal construction in Montevideo
Uruguay The Spanish company Abengoa has been allocated the construction of a fishing terminal in Capurro area, Montevideo, which is building work that will require an investment of USD 93 million.
Omega-3 supplements would not protect against brain decline
United States Researchers at the National Institutes of Health reached the conclusion that omega-3 supplements do not slow cognitive decline in the elderly despite offering benefits for eye, brain and heart health.
 
Maruha Nichiro Corporation
Nichirei Corporation -Headquarter-
Pesquera El Golfo S.A.
Ventisqueros - Productos del Mar Ventisqueros S.A
Wärtsilä Corporation -Wartsila Group Headquarter-
ITOCHU Corporation -Headquarter-
BAADER - Nordischer Maschinenbau Rud. Baader GmbH (Head Office)
Inmarsat plc - Global Headquarters
Marks & Spencer
Tesco PLC (Supermarket) - Headquarters
Pescanova, S.A. - Group Headquarters
Sea Harvest Corporation (PTY) Ltd.
I&J - Irvin & Johnson Limited
Blue Continent Products (Pty) Ltd - (Oceana Group Limited)
Pesquera San Jose S.A.
Nutreco N.V. - Head Office
CNFC China National Fisheries Corporation - Group Headquarters
W. van der Zwan & Zn. B.V.
SMMI - Sunderland Marine Mutual Insurance Co., Ltd. - Headquarters
Icicle Seafoods Inc. -Headquarter-
Starkist Seafood Co. - Headquearters
Trident Seafoods Corp.
American Seafoods Group LLC - Head Office
Marel ehf - Group Headquarters
SalMar ASA - Group Headquarters
Sajo Industries Co., Ltd
Hansung Enterprise Co.,Ltd.
BIM - Irish Sea Fisheries Board (An Bord Iascaigh Mhara)
CEFAS - Centre for Environment, Fisheries & Aquaculture Science
COPEINCA ASA - Corporacion Pesquera Inca S.A.C.
Chun Cheng Fishery Enterprise Pte Ltd.
Food Project (Siam) Co., Ltd.
VASEP - Vietnam Association of Seafood Exporters & Producers
Gomes da Costa
Furuno Electric Co., Ltd. (Headquarters)
NISSUI - Nippon Suisan Kaisha, Ltd. - Group Headquarters
FAO -Food and Agriculture Organization- Fisheries and Aquaculture Department (Headquarter)
Hagoromo Foods Co., Ltd.
Koden Electronics Co., Ltd. (Headquarters)
A.P. Møller - Maersk A/S - Headquarters
BVQI - Bureau Veritas Quality International (Head Office)
UPS - United Parcel Service, Inc. - Headquarters
Hamburg Süd Group - (Headquearters)
Armadora Pereira S.A. - Group Headquarters
NOAA - National Oceanic and Atmospheric Administration (Headquarters)
Omega Protein Corporation -Headquarter-
Marona S.A.
Marine Harvest ASA - Headquarters
Marubeni Europe Plc -UK-
Findus Ltd
Icom Inc. (Headquarter)
WWF Centroamerica
Oceana Group Limited
The David and Lucile Packard Foundation
Ajinomoto Co., Inc. -Headquarter-
Friosur S.A. - Headquarters
Cargill, Incorporated - Global Headquarters
Benihana Inc.
Leardini Pescados Ltda
Mitsubishi Corporation Marine Products Depts. D.Team
CJ Corporation  -Holding Headquarter-
Greenpeace International - The Netherlands
David Suzuki Foundation
Fisheries and Oceans Canada -Communications Branch-
Mitsui & Co.,Ltd - Headquarters
Ocean Trawlers Group - Ocean Trawlers HK Ltd.
Natori Co., Ltd.
Carrefour Supermarket - Headquarters
FedEx Corporation -Headquarter-
AKBM - Aker BioMarine ASA
Seafood Choices Alliance -Headquarter-
Austevoll Seafood ASA
Walmart / Wal-Mart Stores, Inc. (Supermarket) -Headquarter-
New Japan Radio Co.Ltd (JRC) -Head Office-
Gulfstream JSC
INVE Group - Head Office
Marine Stewardship Council - MSC Worldwide Headquarters
Royal Dutch Shell plc (Headquarter)
Genki Sushi Co.,Ltd -Headquarter-
Iceland Pelagic ehf
AXA Assistance Argentina S.A.
Caterpillar Inc. - Headquarters
Tiger Brands Limited
Morpol ASA - Group Headquarters
SeaChoice
National Geographic Society
AmazonFresh, LLC - AmazonFresh

Copyright 1995 - 2015 Fish Info & Services Co.Ltd| All Rights Reserved.   DISCLAIMER