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
United Kingdom
Sep 2, 03:50 (GMT + 9):
EU’s largest wild eel fishery to be boosted
Peru
Sep 2, 03:10 (GMT + 9):
Trout production in Puno bordering 30,000 tonnes
Ghana
Sep 2, 02:30 (GMT + 9):
Concerns expressed over tilapia import ban
Spain
Sep 2, 01:50 (GMT + 9):
Pescanova earns EUR 1,790 million in the first half
Iceland
Sep 2, 01:40 (GMT + 9):
IN BRIEF - HB Grandi has signed a contract for the construction of three wetfish trawlers
United States
Sep 2, 01:40 (GMT + 9):
IN BRIEF - Value of World Aquafeed Market Growing at 12.3% CAGR to 2019
India
Sep 2, 01:40 (GMT + 9):
IN BRIEF - Floating sensor buoy saves aqua farmers from ‘drowning’
Republic of Ireland
Sep 2, 01:30 (GMT + 9):
IN BRIEF - Environmental lobby threatens legal action over escaping salmon
Marshall Islands
Sep 2, 01:30 (GMT + 9):
IN BRIEF - Fisheries projects good news for Marshall Islands economy
Canada
Sep 2, 01:20 (GMT + 9):
IN BRIEF - Halibut-tracking test hopes to prove quota increase needed
South Korea
Sep 2, 00:50 (GMT + 9):
SK Telecom validates IoT-based management system at eel farm
Spain
Sep 1, 23:50 (GMT + 9):
Anchovy fishery closure surprises Galician fishermen
European Union
Sep 1, 23:30 (GMT + 9):
Europêche complains about Damanaki's inaction on Russian import ban
Norway
Sep 1, 23:00 (GMT + 9):
Ground-breaking study on pesticide resistance in sea lice
Peru
Sep 1, 22:10 (GMT + 9):
Growing demand for Peruvian scallops in EU



Lenguaje
FEATURED EVENTS
  
TOP STORIES
Govt plans to limit Pacific bluefin tuna catch
Japan The Japanese Government intends to reduce the catch of immature Pacific bluefin tuna and prevent overfishing of the high-priced fish by implementing common regulations internationally, out of criteria currently adopted independently by Japan.
High supply and low prices boost octopus fishing ban
Mauritania For three months octopus will not be allowed to be caught in Mauritanian waters, following the ban enacted by the Government of this country from 21 August.
Galicia reopens some raft polygons and shellfish beds
Spain The presence of the lipophilic toxin in the Galician estuaries is subsiding significantly, which has contributed to the opening of six mussel farming polygons.
Banks to refinance Pescanova’s aquaculture macro-plant in Mira
Portugal The creditor banks of the Portuguese fish farm belonging to Pescanova in Mira finally desisted from recovering EUR 100 million owed by the company through the exercise of their right to sell the assets.
 
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-
Grupo Calvo - Luis Calvo Sanz, S.A. (Group 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
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 - 2014 Fish Info & Services Co.Ltd| All Rights Reserved.   DISCLAIMER