Page 30: of Maritime Reporter Magazine (January 2016)

BY JOSEPH FONSECA (Photo: Astican)

Spanish Ship Repair

On a Winning Streak

BY JOSEPH FONSECA trategically located Spain, this ship repair/conversion market. The military vessels. Spain, with more than 30% of the total linking countries in Europe, smaller ones being able to repair ves- On the one hand, the state owned turnover in the market.

Africa and the Americas, sels of up to 100m in length and the big- group NAVANTIA, with three shipyards Notably NAVANTIA is an EU leader along with a dynamic coast ger ones – considered to be the biggest dedicated to repairs besides shipbuilding accomplishing complex repairs on LNG

Sline dotted with number of shipyards in Europe in terms of docking activity in their whole group, has been carriers of all size as well as cruise ves- highly proactive ports have bolstered its facilities – have dry docks that service successful in cornering 50% of the above sels. It was NAVANTIA that docked in progress helping it to become a global vessels of up to 400m. mentioned market, the rest being with 2015 the cruise vessel “Allure of the leader in the ‘ship’ repairs and conver- There are state-owned repair yards the private operators. Among the private Seas” which is presently deemed to be sion. Spearheading the ship design and vying with number of private players at- players, two shipyards Astican & As- the largest such vessel in the world. construction operations in Europe, the tracting new cruise, passenger, ferry and tander stand out prominently exclusively Astican shipyard on the other hand is sector is witnessing an unusual boom gas shipping clients, while maintaining focusing on ship repairs and conversion strategically located in Port of Las Pal- with an annual volume of about 400m€. their traditional specialization in large have mushroomed in a short time to be- mas on the crossroads of the Atlantic

One can ? nd 13 shipyards competing in ? shing, oceanographic, research and come the biggest private company in Ocean (Canary Islands, Spain) and is the 30 Maritime Reporter & Engineering News • JANUARY 2016

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