Ship repairer Lisnave enjoys modest business upturn in first-half 2014, By James Brewer
Major ship repair and maintenance complex Lisnave during the first half of 2014 repaired 52 vessels, from 37 clients of 16 countries.
The Portuguese yard reported that despite continuing challenging conditions for the shipping industry at large in the freight market, the number of repaired vessels was higher than in the same period of 2013, when the statistics showed 49 vessels, from 35 clients of 17 countries.
Contracts in first-half 2014 were secured from clients from the following regions: Singapore with 14 vessels, Greece with nine, German with eight, and Denmark, Hong Kong and UK with three vessels each.
The yard again drew benefit from repeat business from longstanding clients. Keeping its profile high, the company renewed acquaintance with many leading ship operators who called at its stand during the Posidonia exhibition in Athens in June.
Major clients in the first six months of 2014 included AP Møller-Mærsk with five vessels; Enterprises Shipping & Trading (four); Teekay Shipping, Chemikalien Seetransport, and Dampskibsselskabet Norden with three vessels each; and AET Shipmanagement, Executive Ship Management, and Univan Ship Management with two vessels each.
During the period major repairs were carried out on PDVSA´s 47, 144 dwt products tanker Luisa Caceres de Arismendi, the first of two sister vessels which will be repaired by Lisnave during the year.
The company said in a statement: “With an accumulated know-how recognised by the clients, Lisnave undertakes repairs on various types of vessels, but it is still the traditional segments that contribute most significantly for the repair activity.”
During the period, 36 tankers were repaired, seven containerships, four dry bulk carriers, one car carrier, and one passenger vessel. The company reports that the second half of the year has started well with four vessels due from Teekay Shipping group of companies, and the arrival of PDVSA´s 28, 338 dwt products tanker Negra Hipolita.
The company’s activities are concentrated at the Mitrena yard, near Setúbal, 50km south of Lisbon. The Lisnave yard is seen as ideally located for vessels trading or passing through Atlantic and Mediterranean waters, and is capable of handling the world’s largest ships.