Maritime business in Spain

50
Maritime Business in Spain Helsinki, April of 2016

Transcript of Maritime business in Spain

Page 1: Maritime business in Spain

Maritime Business in Spain

Helsinki, April of 2016

Page 2: Maritime business in Spain

Index

2

Shipbuilding in Spain

Definition and structure of the sector

Recent evolution of Spanish shipbuilding

Characteristics of Spanish shipbuilding

The Main Companies

NAVANTIA. The publicly owned shipyard group

PYMAR. Private shipyard association

Shipbuilding in Spain. New contracts and order books

Spain in the global context

Spanish shipbuilding exports & imports

Auxiliary industry

Opportunities for Finnish industry

Other Information

Main Shipyards in Spain

Page 3: Maritime business in Spain

SHIPBUILDING

Shipyards build the hull and the basic structures of a ship and integrate the componentssupplied by the auxiliary industries.

Over the last 15 years, Spanish yards have adapted in size, internationalized and specialised inniche markets where they can add value. They are technologically competitive.

Shipbuilding in Spain. Definition and structure of the sector (I)

3

Page 4: Maritime business in Spain

AUXILIARY INDUSTRIES:

Equipment and accessory manufacturers:

Companies focused on the manufacture of equipment and accessories with their own products:motors, pumps, advanced propulsion systems, etc. Through processes of innovation,internationalisation and diversification, this industry is in the brand lists of the main shipyardsand ship-owners worldwide. They are internationally recognised and competitive.

Shipbuilding in Spain. Definition and structure of the sector (II)

4

EQUIPMENT / MAIN COMPANIES

Motors:http://www.wartsila.com/http://www.dresser-rand.com/

Pumps: http://www.ksb.com/[email protected]

Alternator manufacturers http://www.indarsl.es/

Chains:http://www.vicinaycadenas.net/

Systems companies: http://www.ingeteam.com/

Manufactures forged hooks:http://www.irizarforge.com/

Winches:http://www.ibercisa.es/

Other companies:

Ferri, Hawke, Nautical,

Incominex, Navacel, Cohidrane

Page 5: Maritime business in Spain

AUXILIARY INDUSTRIES:

Engineering firms:

Companies related to technological development and the design and drawing up of plans.Some of the Spanish firms are world leaders in their market niche, e.g., SENER with its shipdesign software (FORAN). Others such as, Cintranaval - Defcar or Ghenova are trustedinternational operators.

Shipbuilding in Spain. Definition and structure of the sector (III)

5

ENGINEERING FIRMS / MAIN COMPANIES

▪ SENER:http://www.sener.es/

▪ CINTRANAVAL-DEFCAR:http://www.cintranaval-defcar.com/

▪ GHENOVA:http://www.ghenova.com/

▪ DINAIN:http://www.dinain.com/

▪ OLIVER DESIGN:http://www.oliverdesign.es/

▪ DRAGADOS OFFSHORE STANDS OUT.:http://www.dragadosoffshore.com

Page 6: Maritime business in Spain

AUXILIARY INDUSTRIES: (cont.)

Workshops and Subcontractors:

Construction, repairs and maintenance (surface treatments, soldering, plumbing, carpentry,electrical installation, electronics etc.). Mainly workforce suppliers for manufacture ofblocks, pre-assembly, assembly installation and finishing of ships. Located close to shipyards.

In recent years, they have faced financial problems: lack of contracts fromshipyards/margins have been reduced considerably.

The surviving companies have improved training, have invested in new production andtechnological equipment, have integrated with the shipyards in joint projects and havediversified in other sectors and markets.

Shipbuilding in Spain. Definition and structure of the sector (IV)

6

Page 7: Maritime business in Spain

AUXILIARY INDUSTRIES: (cont.)

Turnkey companies:

Suppliers of functional modules developed from plans defined by the shipyards. This type ofcompany undertakes everything from the design to the installation of the system or serviceadapted to the ship under construction.

Shipbuilding in Spain. Definition and structure of the sector (V)

7

TURNKEY /

MAIN COMPANIES

▪ MAESSA:http://www.maessa.com/es/

▪ PINE:www.pine.es

▪ GABADI:http://www.gabadi.com/

Page 8: Maritime business in Spain

2008 was the best year in recent history with a record order book followed by a drasticdrop in turnover, employment and hours worked both in the shipyards and in the auxiliaryindustries. The latter suffered less presumably due to greater diversification.

Shipbuilding in Spain.

Recent evolution of Spanish shipbuilding (I)

8

STRUCTURAL FIGURES FOR THE

SECTOR2008 2009 2010 2011 2012 2013

SHIP BUILDING (CNAE 301)

- Employment 14,786 12,913 11,310 10,524 9,516 8,593

- Hours worked 25,876 22,331 18,755 16,501 15,575 13,702

- Turnover 4,194,538 4,073,231 3,619,141 2,605,043 2,193,162 1,620,338

REPAIRS OF METAL PRODUCTS, MACHINERY AND EQUIPMENT (CNAE 331)

- Employment 59,809 56,180 52,556 55,406 52,519 52,522

- Hours worked 104,426 97,994 91,257 94,239 90,960 90,831

- Turnover 6,019,707 5,155,783 5,343,784 5,387,841 4,803,970 4,893,621

Structural figures for the Sector

Source: Industrial Company Survey (INE)Units: Persons, thousands of hours, thousands of euros

Page 9: Maritime business in Spain

The period 2010 to 2013 was dramatic:

• The global drop in orders of around 40%.

• Asian shipyards taking nearly 90% of new orders and particularly strong in the bulk-carrierniche.

• Specifilly in the Spanish case, the cessation of tax lease, forced by the EU, with thetemporary suspension of this finance and fiscal support scheme.

2014 and 2015 shows signs of an incipient recovery in Spain mainly in offshore service vessels,fishing boats and passenger ships.

Shipbuilding in Spain

Recent evolution of Spanish shipbuilding (II)

9

Page 10: Maritime business in Spain

An industry of synthesis: auxiliary industriestypically input 70% of the value of a vessel.

A industry specialised in certain types ofhigh added value vessels

A high intensity exporting industry (80% ofproduction)

An industry, geographically concentrated injust 3 regions

Shipbuilding in Spain.

Characteristics of Spanish shipbuilding (I)

10

MOST COMMON VESSELS BUILT IN SPAIN

OFFSHORE VESSELS OTHER VESSELS

Seismic

Stand-by (ERRV)

AHTS

OCV (offshore

construction)

PSV (Supply)

Pipelayer

Flotel

(Accommodation

Vessel)

Ocean research

vessels

Chemical tankers

Ferries

Fishing boats

Cruise ships

Tugs

LFC (Live Fish

Carrier)

TSHP

RO-PAX

RO-RO

Source: PYMAR

Page 11: Maritime business in Spain

Shipbuilding in Spain

Characteristics of Spanish shipbuilding (II)

11

STRENGTHS OF THE SPANISH SHIPBUILDING SECTOR

Tradition

Technological innovation

Quality & leading edge

technology

Tailor-made production

Know-how

Exporting sector

Capacity to adapt and

compete

Productivity and

management capacity

Source: PYMAR

Page 12: Maritime business in Spain

• Based in Ferrol, Cádiz and Cartagena

• Until 2015, a military vessel supplier.Now active in the civil market too.

• One of the top 5 military shipbuildersworld-wide. Contracts with the RoyalAustralian Navy

• Currently in the civil market

• Working for Hywind Scotland Ltd., asubsidiary of Statoil in floatingoffshore wind platforms.

• Subcontracting for Daewoo in oiltanker building.

The principal companies

NAVANTIA. The publicly owned shipyard group

12

Source: NAVANTIA

Page 13: Maritime business in Spain

19 yards on the Atlantic coast, and theBalearic and Canary islands

• Providing 87,000 direct & indirect jobs.• 2014 order book up 2.6% at 40 vessels.

Deliveries up 13%• 2014 new orders 26 vessels.• 94% of deliveries to foreign owners.• Primary focus on fishing vessels with

growth in the offshore and passengermarkets.

• European leader in fishing vessels and 3rd

in offshore industry vessels.

The principal companies

PYMAR. Private shipyard association (I)

13

33,4

20,6

6,7

39,2

0

5

10

15

20

25

30

35

40

45

Fishing Passenger Other Offshore

Order book CGTs private shipyards 2014

Compensated gross tonnage “CGT” order book at 01.01.15 2015* Data from IHS Farplay. Vessels greater than 100 GT’sSource: PYMAR

Page 14: Maritime business in Spain

The main companies

PYMAR. Private shipyard association (II)

14

Source: PYMAR

Page 15: Maritime business in Spain

• 2008, 75 new contracts totalling 363 million CGT.

• Recovery has been slow and in 2014, the 2008 levels have not been reached.

• 2014, 28 new contracts totalling 190 million CGT

• 10 offshore, 8 fishing, 7 tugs, 1 passenger, others (2)

Shipbuilding in Spain. New contracts and order books (I)

15

• Order book in CGT has dropped from 766,827 in 2008 to 290,000 in 2014.

• Order books in 2008 stood at 153 vessels and in 2014 at 48 vessels.

• Recovery has come mainly in the export market and in fishing vessels, offshore support vesselsand passenger transport

Page 16: Maritime business in Spain

16

NEW CONTRACTS IN CGT 2008 2009 2010 2011 2012 2013 2014

DOMESTIC 131,553 2,155 10,168 1,986 15,328 14,790 12,046

- Merchant marine 131,553 2,155 10,168 1,986 1,986 4,330 12,046

- Fishing - - - - 13,342 10,460 -

EXPORT 232,042 59,725 137,883 19,807 166,883 99,400 177,933

- Merchant marine 228,961 59,725 137,883 19,807 105,762 47,233 122,370

- Fishing 3,081 - - - 61,121 52,167 55,563

TOTAL 363,595 61,880 148,051 21,793 182,211 114,190 189,979

- Merchant marine 360,514 61,880 148,051 21,793 107,748 51,563 134,416

- Fishing 3,081 - - - 74,463 62,627 55,563

NUMBER OF NEW CONTRACTS 2008 2009 2010 2011 2012 2013 2014

DOMESTIC 30 1 4 1 3 5 4

- Merchant marine 30 1 4 1 1 2 4

- Fishing - - - - 2 3 -

EXPORT 45 12 21 6 36 23 24

- Merchant marine 43 12 21 6 26 13 14

- Fishing 2 - - - 10 10 10

TOTAL 75 13 25 7 39 28 28

- Merchant marine 73 13 25 7 27 15 18

- Fishing 2 - - - 12 13 10

NEW CONTRACTS IN CGT

Source: Ministry of Industry, Energy and Tourism.

NUMBER OF NEW CONTRACTS

Source: Ministry of Industry, Energy and Tourism.

Shipbuilding in Spain. New contracts and order books (II)

Page 17: Maritime business in Spain

17

ORDER BOOK IN CGT 2008 2009 2010 2011 2012 2013 2014

DOMESTIC 208,137 199,961 108,672 12,783 15,328 21,170 18,788

- Merchant marine 208,137 199,961 108,672 12,783 1,986 4,330 10,077

- Fishing - - -- - 13,342 16,840 8,711

EXPORT 558,690 615,173 441,291 222,166 298,098 238,187 271,215

- Merchant marine 555,579 615,173 441,291 222,166 236,977 124,899 179,865

- Fishing 3,111 - - - 61,121 113,288 91,350

TOTAL 766,827 815,134 549,963 234,949 313,426 259,357 290,003

- Merchant marine 763,716 815,134 549,963 234,949 238,963 129,229 189,942

- Fishing 3,111 - - - 74,463 130,128 100,061

ORDER BOOK. NUMBER OF VESSELS 2008 2009 2010 2011 2012 2013 2014

DOMESTIC 48 30 18 5 3 6 5

- Merchant marine 48 30 18 5 1 2 3

- Fishing - - - - 2 4 2

EXPORT 105 85 62 34 54 47 43

- Merchant marine 102 85 62 34 44 27 27

- Fishing 3 - - - 10 20 16

TOTAL 153 115 80 39 57 53 48

- Merchant marine 150 115 80 39 45 29 30

- Fishing 3 - - - 12 24 18

ORDER BOOK IN CGT

Source: Ministry of Industry, Energy and Tourism.

Source: Ministry of Industry, Energy and Tourism.

ORDER BOOK. NUMBER OF VESSELS

Shipbuilding in Spain. New contracts and order books (III)

Page 18: Maritime business in Spain

18

NEW CONTRACTS BY TYPE OF VESSEL2013 2014

Nº CGT Nº CGT

Chemical cargo - - 2 11,844

Ferries - - 1 19,659

Passenger transport 4 8,898 - -

Fishing vessels 13 62,627 10 55,563

Other vessels 11 42,665 15 102,913

ORDER BOOK BY TYPE OF VESSEL2013 2014

Nº CGT Nº CGT

Chemical cargo - - 2 11,844

Ferries 1 19,289 2 38,948

Passenger transport 4 8,898 2 5,262

Fishing vessels 24 130,128 18 100,061

Other vessels 24 101,042 24 133,888

NEW CONTRACTS BY TYPE OF VESSEL

Source: Ministry of Industry, Energy and Tourism.

Source: Ministry of Industry, Energy and Tourism.

ORDER BOOK BY TYPE OF VESSEL

Shipbuilding in Spain. New contracts and order books (IV)

Page 19: Maritime business in Spain

Asia builds 90% of ships world-wide. Shipbuilding in Europe has dropped from 25% in the 90s to3.8% en 2014 (in ‘000s CGT).

In Europe (EU-28) Rumania is a major global shipbuilder building bulk-carriers and containerships using their low labour costs.

Germany and Italy are next and both build larger ships than Spain.

Spain was 8th in the European ranking in 2014, specialising in small and medium-sized shipswith sophisticated technology (fishing boats, dredgers, off-shore support, tugs, etc.)

Spain in the global context (I)

19

Page 20: Maritime business in Spain

Spain in the global context (II)

20

COUNTRY NO. 1.000 GT % 1.000 CGT %BELGIUM 0 0 0.0 0 0.0

BULGARIA 2 5 0.0 11 0.0

CROATIA 30 588 0.3 412 0.4

CZECH REPUBLIC 1 3 0.0 5 0.0

DENMARK 1 1 0.0 3 0.0

ESTONIA 3 2 0.0 7 0.0

FINLAND 9 351 0.2 404 0.4

FRANCE 7 729 0.4 659 0.6

GERMANY 28 1,491 0.8 1,444 1.3

GREECE 2 2 0.0 6 0.0

HUNGARY 0 0 0.0 0 0.0

ITALY 26 1,460 0.7 1,633 1.5

LATVIA 4 2 0.0 7 0.0

LITHUANIA 1 0 0.0 2 0.0

NETHERLANDS 73 277 0.1 412 0.4

POLAND 66 182 0.1 330 0.3

PORTUGAL 2 8 0.0 14 0.0

ROMANIA 82 2,214 1.1 1,215 1.1

SPAIN 48 203 0.1 336 0.3

UNITED KINGDOM 9 13 0.0 34 0.0

A - EU-28 394 7,531 3.8 6,934 6.4

ALBANIA 0 0 0.0 0 0.0

NORWAY 42 195 0.1 313 0.3

RUSSIA 48 287 0.1 338 0.3

SERBIA/MONTENEGRO 2 0 0.0 2 0.0

TURKEY 124 400 0.2 667 0.6

UKRAINE 9 33 0.0 57 0.1

B - OTHER EUROPEAN 225 915 0.5 1,377 1.3

EU-28 + NORWAY 436 7,726 3.9 7,247 6.7

SEA EUROPE MEMBERS 552 8,119 4.1 7,895 7.3

C –JAPAN 941 32,875 16.7 17,442 16.1

D – KOREA (SOUTH) 865 61,080 30.9 31,244 28.9

E - CHINA 2,454 80,452 40.8 41 37.6

BRAZIL 163 3,984 2.0 2,647 2.4

INDIA 123 222 0.1 485 0.4

INDONESIA 109 197 0.1 367 0.3

MALAYSIA 169 179 0.1 439 0.4

PHILIPPINES 83 4,611 2.3 2,156 2.0

SINGAPORE 50 177 0.1 252 0.2

TAIWAN 40 1,659 0.8 903 0.8

USA 124 1,285 0.7 1,156 1.1

VIETNAM 181 1,535 0.8 1,227 1.1

OTHERS 227 686 0.3 876 0.8

F – REST OF THE WORLD 1,269 14,535 7.4 10,508 9.7

WORLD TOTAL 1) 6,148 197,389 100.0 108,146 100.0

COUNTRY NO. 1,000 GT % 1,000 CGT %BELGIUM 0 0 0.0 0 0.0

BULGARIA 2 5 0.0 11 0.0

CROATIA 15 395 0.5 245 0.5

CZECH REPUBLIC 0 0 0.0 0 0.0

DENMARK 1 1 0.0 3 0.0

ESTONIA 2 1 0.0 4 0.0

FINLAND 6 230 0.3 266 0.6

FRANCE 3 501 0.6 461 1.0

GERMANY 13 581 0.7 559 1.2

GREECE 0 0 0.0 0 0.0

HUNGARY 0 0 0.0 0 0.0

ITALY 8 629 0.8 668 1.5

LATVIA 4 2 0.0 7 0.0

LITHUANIA 0 0 0.0 0 0.0

NETHERLANDS 37 79 0.1 143 0.3

POLAND 28 87 0.1 162 0.4

PORTUGAL 0 0 0.0 0 0.0

ROMANIA 32 824 1.0 456 1.0

SPAIN 25 92 0.1 160 0.4

UNITED KINGDOM 8 11 0.0 28 0.1

A - EU-28 184 3.438 4.1 3,173 7.0

ALBANIA 0 0 0.0 0 0.0

NORWAY 33 133 0.2 221 0.5

RUSSIA 3 22 0.0 35 0.1

SERBIA/MONTENEGRO 0 0 0.0 0 0.0

TURKEY 66 170 0.2 301 0.7

UKRAINE 0 0 0.0 0 0.0

B - OTHER EUROPEAN 102 325 0.4 557 1.2

EU-28 + NORWAY 217 3.571 4.3 3,394 7.4

SEA EUROPE MEMBERS 277 3.738 4.5 3,684 8.1

C –JAPAN 600 19,397 23.3 10,256 22.5

D – KOREA (SOUTH) 338 24,697 29.7 12,588 27.6

E - CHINA 1,130 32,475 39.0 16,900 37.1

BRAZIL 12 45 0.1 89 0.2

INDIA 5 4 0.0 11 0.0

INDONESIA 60 62 0.1 135 0.3

MALAYSIA 49 20 0.0 79 0.2

PHILIPPINES 38 1,933 2.3 787 1.7

SINGAPORE 33 89 0.1 134 0.3

TAIWAN 31 293 0.4 227 0.5

USA 27 200 0.2 185 0.4

VIETNAM 55 146 0.2 239 0.5

OTHERS 80 107 0.1 232 0.5

F – REST OF THE WORLD 390 2,899 3.5 2,118 4.6

WORLD TOTAL 1) 2,744 83,231 100.0 45,592 100.0

ORDER BOOK AS PER END OF DECEMBER 2014 BY COUNTRIES NEW ORDER JANUARY – DECEMBER 2014 BY COUNTRIES

Source: SEA Europe – IHS Fairplay1) Difference due to rounding

Source: SEA Europe – IHS Fairplay1) Difference due to rounding

Page 21: Maritime business in Spain

Spanish shipbuilding is an exportingsector. Main customers are Norwegianand British ship owners or otherspecialised centres: the Bahamas, theCayman Isles or Panama.

Frequently in smaller yards, the clientsare loyal and repeat contracts.

Transatlantic cruise ships and fishingboats have become more important, butthe Spanish shipyards continue to buildsmaller but technologically advancedvessels, especially for the offshoreindustry and other specialised vessels(dredgers, tugs, etc.)

Spanish shipbuilding exports & imports (I)

21

Spain also imports vessels from the same or similar specialised centres as well as from Norwayand the USA. Imports are primarily of yachts and recreational boats.

Page 22: Maritime business in Spain

Spanish shipbuilding exports & imports (II)

22

COUNTRY 2008 2009 2010 2011 2012 2013 2014 TOTAL

Norway 45,282.99 2,358.02 156,712.81 531,595.09 104,319.37 31,059.60 227,145.06 1,098,472.93

Singapore 1,393.53 264,718.86 272,268.31 3,531.86 98,689.91 6,646.87 329.50 647,578.85

UK 20,794.42 66,971.58 104,598.47 49,737.55 59,233.96 136,840.63 1,786.92 439,963.54

USA 7,957.83 222,620.18 11,549.93 11,716.71 8,117.09 10,036.17 5,734.99 277,732.91

Panama 31,584.48 12,823.50 8,867.76 9,662.27 14,382.54 75,935.34 93,126.00 246,381.88

France 35,530.49 18,094.52 54,208.79 15,153.04 14,319.61 76,531.12 12,091.48 225,929.05

Cayman Isles 11,671.83 19,369.90 26,818.32 26,745.59 29,434.24 22,357.66 7,887.57 144,285.12

Bahamas 12,291.48 18,573.61 2,393.08 24,264.26 9,602.03 2,949.28 3,612.05 73,685.78

Bermuda 1,414.61 7,465.76 14,431.36 28,092.40 10,593.31 2,188.16 64,185.60

Algiers 5,760.11 8,582.89 7,790.18 22,545.63 6,665.33 2,074.69 2,866.53 56,285.34

TOTAL TOP 10 173,681.75 641,578.82 659,639.02 723,044.39 355,357.40 366,619.52 354,580.10 3,274,500.99

REST OF COUNTRIES 465,763.81 602,631.69 864,366.29 666,635.84 329,844.78 678,162.74 483,112.88 4,090,518.03

TOTAL 639,445.57 1,244,210.50 1,524,005.30 1,389,680.23 685,202.19 1,044,782.25 837,692.98 7,365,019.03

Exports. Geographical markets

Exports by vessel type

Units: Thousands of eurosSource: Spanish Chamber of Commerce

Units: Thousands of eurosSource: Spanish Chamber of Commerce

TIPOLOGÍA 2008 2009 2010 2011 2012 2013 2014 TOTALTransatlantic cruise ships, etc.

176.306,01 453.375,78 439.166,74 527.376,72 155.967,38 171.724,29 220.516,82 2.144.433,74

Fishing vessels 95.104,17 35.624,27 25.471,38 18.004,24 18.398,62 17.805,91 281.890,99 492.299,58Yachts and recreational boats

211.087,76 134.596,38 197.535,47 197.581,73 136.159,74 116.584,75 62.212,32 1.055.758,14

Tugs 86.101,60 173.787,84 196.825,60 130.471,17 167.856,25 206.445,71 100.884,11 1.062.372,27

Dredgers, lightships, Pump ships, platforms

21.213,99 283.611,21 346.383,15 413.442,64 114.773,48 386.483,09 89.977,25 1.655.884,82

Warships and rescue vessels

25.365,56 141.437,80 291.861,11 79.752,14 56.856,68 111.886,74 52.080,08 759.240,10

Others 24.076,04 20.098,83 26.586,41 22.581,14 32.595,42 33.805,53 29.741,56 189.484,93

Ships and floating structures

190,43 1.678,41 175,45 470,45 2.594,61 46,25 389,86 5.545,45

TOTAL 639.445,57 1.244.210,50 1.524.005,30 1.389.680,23 685.202,19 1.044.782,25 837.692,98 7.365.019,03

Page 23: Maritime business in Spain

Spanish shipbuilding exports & imports (III)

23

Ships imported. Geographical markets

Imports by type of vessel

COUNTRY 2008 2009 2010 2011 2012 2013 2014 TOTALCayman Isles 4,491.03 1,600.00 523,495.63 392,871.85 63,979.59 811.15 24,266.40 1,011,515.64

Virgin Islands (UK) 7,084.80 15.00 33,780.50 11,900.00 697,481.56 1,083.79 3,497.65 754,843.30

Bermuda 5,862.30 427,086.05 253,513.98 12,248.20 15,05 285.00 699,010.58

USA 51,210.97 17,779.49 59,780.07 255,933.57 18,396.33 12,844.70 14,244.66 430,189.80

UK 85,707.69 47,561.76 41,398.60 47,264.04 29,463.07 50,243.90 28,314.95 329,954.01

France 79,809.43 35,354.67 37,947.39 29,053.60 27,821.67 23,190.12 28,669.92 261,846.79

Italy 69,737.67 44,325.46 37,435.42 17,581.49 17,325.30 30,945.51 16,706.40 234,057.26

Norway 7,045.46 6,884.30 186,760.27 7,661.28 11,416.92 2,766.85 1,086.62 223,621.70

Portugal 40,889.66 48,801.98 21,862.63 11,048.93 32,401.03 2,861.33 2,536.04 160,401.59

Virgin Islands(USA) 120,028.19 265.56 120,293.75

TOP 10 351,839.02 202,322.66 1,489,574.74 1,027,094.30 910,533.65 124,762.40 119,607.64 4,225,734.42

SUM OF THE REST 159,631.37 109,413.24 298,527.80 174,091.93 84,971.56 46,436.05 138,106.00 1,017,901.12

TOTAL 511,470.40 311,735.89 1,788,102.54 1,201,186.23 995,505.21 171,198.46 257,713.64 5,243,635.54

Finland 5,097.32 141.58 378.91 990.23 0.36 105.08 9.69 6,723.18

TYPE 2008 2009 2010 2011 2012 2013 2014 TOTAL

Yachts & other recreational 405,350.11 185,302.17 1,382,983.11 921,654.26 932,910.25 117,774.84 232,152.98 4,178,127.72

Lightships. pump ships, dredgers 6,978.81 18,906.56 151,898.36 245,097.24 4,416.12 1,640.32 793.95 429,731.37

Transatlantic cruise ships. etc 67,946.51 75,921.84 50,783.73 9,269.22 36,502.12 32,190.27 5,132.56 277,746.24

Warships. rescue ships 6,642.83 5,995.15 186,639.38 6,060.65 5,096.45 2,835.37 3,269.53 216,539.35

Others 11,401.27 13,876.51 12,002.34 9,429.97 8,577.06 9,541.84 9,629.45 74,458.44

Tugs 17,615.38 10,909.17 371.50 234.78 5,072.42 6,337.91 2,895.11 43,436.26

Fishing boats 163.28 33.56 2,742.01 8,042.20 405.23 45.32 3,113.54 14,545.14

Others 469.54 932.51 1,061.03 2,388.13 2,525.92 937.68 736.22 9,051.02

TOTAL 516,567.72 311,877.47 1,788,481.45 1,202,176.46 995,505.57 171,303.54 257,723.33 5,243,635.54

Units: Thousands of eurosSource: Spanish Chamber of Commerce

Units: Thousands of eurosSource: Spanish Chamber of Commerce

Page 24: Maritime business in Spain

INTERNATIONAL TRADE

Spain, a mainly exporting country in shipbuilding auxiliary industries producing a wide varietyof highly differentiated types of products.

Exports levels vary depending on the product.

TRENDS

From 2008 to 2011, a drop in exports in almost all products. As of 2011, there was a certainrecovery in some areas (fenders, anchors, radio equipment, etc.).

The most important product exported was rolled steel although it did not recover to the record2008 level.

Figures for radar and radio equipment relevant and stable.

Germany main export market, followed by Italy and France.

Auxiliary industry (I)

24

Page 25: Maritime business in Spain

25

TARIFF HEADING 2008 2009 2010 2011 2012 2013 2014 TOTAL

Rolled stainless steel 1,317,004.26 660,005.37 954,377.36 992,987.57 967,188.07 810,258.92 971,929.36 6,673,750.91

Radar 56,349.84 151,197.90 131,788.72 68,755.22 75,683.38 53,763.79 59,693.16 597,232.01

Radio navigation equipment 14,393.87 13,462.26 16,414.79 34,829.48 23,327.83 40,097.67 53,758.83 196,284.73

Inboard motors 46,143.18 20,311.40 24,749.48 14,546.21 11,695.69 18,925.75 19,469.79 155,841.50

Outboard motors 8,392.12 11,676.31 22,323.25 14,529.51 11,316.78 3,090.61 4,276.47 75,605.05

Boat fenders 2,677.50 1,001.91 941.97 774.88 1,070.38 1,423.35 2,671.46 10,561.45

Anchors 657.77 301 571.7 396.67 4,190.87 744.39 1,286.82 8,149.22

Steam turbines 25.93 9.51 331.63 281.69 589.92 18.3 29.35 1,286.33

Floating structures 21,639.39 16,586.03 24,800.33 20,717.52 30,033.97 30,001.80 26,408.92 170,887.97

TOTAL 1,467,283.86 874,551.69 1,176,299.23 1,147,818.75 1,125,096.89 958,324.58 1,139,524.16 7,888,899.16

Auxiliary industry exports by customs tariff heading

COUNTRY 2008 2009 2010 2011 2012 2013 2014 TOTALGermany 201,798.71 120,230.27 234,387.08 203,398.34 197,186.37 194,668.72 243,320.96 1,394,990.45

Italy 328,610.66 141,799.40 208,176.59 119,139.03 152,710.16 113,663.99 66,819.89 1,130,919.72

France 160,933.63 94,478.33 136,233.36 152,236.14 129,901.86 118,535.00 122,323.08 914,641.40

Sweden 115,735.34 57,905.08 94,424.75 135,077.01 122,110.12 79,783.85 56,600.95 661,637.10

UK 76,883.02 88,386.63 99,596.27 91,460.38 93,998.07 87,059.72 101,539.40 638,923.49

Portugal 89,503.55 65,654.29 84,280.85 84,369.36 71,425.52 62,605.85 72,163.15 530,002.57

Malaysia 51,844.35 26,162.16 21,653.46 65,052.54 32,142.16 32,249.69 123,559.12 352,663.48

Poland 43,369.08 25,101.26 32,944.37 60,479.11 56,628.25 49,013.32 44,906.81 312,442.20

China 37,576.74 26,080.88 16,854.77 10,669.59 22,198.28 1,662.49 785.08 115,827.83

India 16,573.07 15,927.09 20,784.32 30,842.98 10,824.63 14,982.08 11,254.77 121,188.94

SUM TOP 10 1,122,828.16 661,725.37 949,335.81 952,724.48 889,125.41 754,224.71 843,273.21 6,173,237.15

SUM REST OF

COUNTRIES344,455.71 212,826.33 226,963.42 195,094.27 235,971.47 204,099.87 296,250.96 1,715,662.03

TOTAL COUNTRIES 1,467,283.87 874,551.70 1,176,299.23 1,147,818.75 1,125,096.88 958,324.59 1,139,524.17 7,888,899.18

Auxiliary industry exports by geographic destination

Auxiliary industry (II)

Units: Thousands of eurosSource: Spanish Chamber of Commerce

Units: Thousands of eurosSource: Spanish Chamber of Commerce

Page 26: Maritime business in Spain

International trade: Imports

Spain mainly imports rolled stainless steel products.

Motors and radio navigation equipment have also been relevant although motors havedominated.

Finland is the sixth country in the import ranking, specifically as a result of the imports of rolledsteel products and to a lesser extent motors for propulsion.

Auxiliary industry (III)

26

Page 27: Maritime business in Spain

27

Auxiliary industry imports by customs tariff heading

Auxiliary industry imports by geographical origin

Tariff heading 2008 2009 2010 2011 2012 2013 2014 TOTAL

Rolled stainless steel 448,016.18 182,315.66 298,948.01 324,328.72 287,878.85 278,069.45 318,430.32 2,137,987.19

Radio navigation equipment 151,339.04 122,738.48 131,099.17 132,623.28 129,593.25 95,215.79 90,617.76 853,226.77

Inboard motors 130,841.39 118,003.29 73,767.77 57,612.36 55,486.79 45,891.85 37,719.67 519,323.12

Radar 29,183.46 23,603.76 43,924.68 30,394.39 58,981.55 46,547.95 48,452.58 281,088.38

Outboard motors 36,460.09 21,448.14 27,972.06 29,500.40 23,190.29 13,288.43 17,374.53 169,233.94

Floating structures 5,308.35 9,314.18 7,103.90 5,331.21 4,960.74 4,040.68 4,883.26 40,942.33

Anchors 18,595.19 3,257.53 1,341.41 1,378.27 987.87 722.21 1,243.66 27,526.14

Boat fenders 3,392.27 3,014.41 1,559.55 2,818.66 1,989.23 1,320.64 1,442.23 15,536.99

Steam turbines 1,904.79 1,567.98 2,953.32 1,949.01 1,532.80 1,172.42 841.21 11,921.54

TOTAL 825,040.76 485,263.44 588,669.88 585,936.30 564,601.37 486,269.42 521,005.22 4,056,786.39

Country 2008 2009 2010 2011 2012 2013 2014 TOTAL

Germany 133.178,00 88.730,81 95.057,22 96.247,05 98.287,44 76.638,45 56.730,64 644.869,62

France 98.266,85 31.408,03 39.726,36 68.751,11 61.888,00 66.457,07 87.574,36 454.071,79

China 66.366,51 63.165,72 58.831,74 70.268,17 38.063,51 25.565,50 57.458,04 379.719,19

USA 62.049,98 42.447,65 33.848,64 37.320,53 62.885,40 71.362,65 54.512,83 364.427,68

Belgium 62.877,84 46.314,74 72.202,71 36.173,25 39.119,78 37.635,20 43.360,90 337.684,41

Finland 91.385,46 23.955,41 60.459,39 51.589,54 40.823,98 20.786,67 17.161,74 306.162,20

Italy 42.101,18 38.115,55 37.922,00 44.438,59 46.377,29 31.665,93 40.529,11 281.149,65

Sweden 45.647,52 44.949,63 47.795,41 35.588,19 31.836,17 17.546,40 21.766,85 245.130,18

Japan 32.854,39 22.330,73 30.850,82 39.240,33 38.068,76 18.327,87 16.882,28 198.555,16

Netherlands 25.219,04 13.387,54 16.236,57 14.212,50 24.148,18 24.963,94 22.892,54 141.060,30

TOTAL TOP 10 659.946,77 414.805,81 492.930,87 493.829,26 481.498,49 390.949,68 418.869,28 3.352.830,17

RESTO PAISES 165.093,99 70.457,63 95.739,01 92.107,04 83.102,88 95.319,74 102.135,94 703.956,22

SUMA TOTAL 825.040,76 485.263,44 588.669,88 585.936,30 564.601,37 486.269,42 521.005,22 4.056.786,39

Auxiliary industry (IV)

Units: Thousands of eurosSource: Spanish Chamber of Commerce

Units: Thousands of eurosSource: Spanish Chamber of Commerce

Page 28: Maritime business in Spain

28

Spanish imports from Finland. Auxiliary Industry

TARIFF HEADING 2008 2009 2010 2011 2012 2013 2014 TOTAL

Boat fenders 2.03 1.10 3.13

Rolled stainless steel 88,224.95 22,963.58 60,271.05 51,511.04 40,653.61 16,794.89 16,872.06 297,291.18

Anchors 77.75 3.00 80.75

Outboard motors 11.18 12.93 64.64 31.21 119.95

Inboard motors 2,975.79 844.87 3,820.00 7,640.66

Ship propellors 0.00

Radar 8.46 7.06 154.44 2.00 239.53 411.49

Radio navigation equipment 0.88 8.95 22.42 0.07 10.19 42.52

Floating structures 95.59 126.84 181.28 54.98 105.08 8.75 305,589.68

Auxiliary industry (V)

UNITS: thousands of eurosSource: Spanish Chamber of Commerce

Page 29: Maritime business in Spain

The Spanish shipbuilding industry isspecialised in fishing boats, defence,offshore and supplies. It is aprestigious technologically advancedindustry with a well-qualifiedprofessional workforce.

The current price of oil is having anegative effect on the offshore oilmarket.

Spanish shipyards are nowcontracting other types of vessels;fishing boats, tugs and pushing boats,vessels for transport and ferriespowered by LNG.

Opportunities for Finnish industry (I)

29

Page 30: Maritime business in Spain

The potential Spanish clients of Finnishindustry within the shipbuilding industry areship owners and shipyards, both public andprivate.

The public sector buys vessels for nationalobjectives (defense, security and vigilance,rescue, research) and generally fromdomestic shipyards.

Major companies can operate as ship owners(e.g.Repsol in the energy sector).

Main brands, e.g. propulsion systems, oftenchosen by the ship owner. For otherequipment, the shipyards generally act aspurchaser.

International suppliers are important inmotors for propulsion and radio navigationequipment; some with factories in Spain (asWärtsilä) and others with commercial offices.

Opportunities for Finnish industry (II)

30

Name: North Sea Giant Type: OCV (Offshore Construction Vessel) Yard: Metalships & Docks

Name: Edda Ferd

Type: PSV (Platform Supply Vessel) Yard: Gondán

Page 31: Maritime business in Spain

Finnish products are practically testimonial, except for rolled steel products and the company Wärtsiläwhich manufactures motors in Spain.

This and the fact that it is a particularly open market suggest that there are opportunities to work in theSpanish shipbuilding market.

The perception of Finnish products is that they have a high technological content and are environmentallyfriendly.

Finnish companies have a good reputation for meeting their commitments (delivery dates, etc.).

The Spanish market is price-sensitive, but in the case of major equipment, chooses prestigious andrecognised major brands.

The best opportunities will probably arise for those products which guarantee the most efficientenvironmental results.

Opportunities for Finnish industry (III)

31

Page 32: Maritime business in Spain

Other Information

32

Sectorial Associations Trade Fairs

PYMAR

www.pymar.com

CLUSTER MARÍTIMO ESPAÑOL

http://www.clustermaritimo.es

FORO MARÍTIMO VASCO

http://www.foromaritimovasco.com

ACLUNAGA

http://www.aclunaga.es

ANAVE

http://www.anave.es

SINAVAL – EUROFISHING

http://sinaval.bilbaoexhibitioncentre.com/

Bilbao Exhibition Center (BEC) – APRIL 21, 22 and 23 2015.

NAVALIA

http://www.navalia.es/es/

Vigo Maritme Trade Fair – MAY 24, 25 and 26 2016

Page 33: Maritime business in Spain

33

MAIN SHIPYARDS IN SPAIN

Page 34: Maritime business in Spain

34

NAVANTIA

NAVANTIA

Velazquez, 132

28006 Madrid -Spain

Tel: 913358652

Email [email protected]

Web: http://www.navantia.es

Name: BUQUE LHD-01

Name: CHAKRINARUEBETType: AIRCRAFT CARRIER

Page 35: Maritime business in Spain

35

Metalships & Docks

METALSHIPS & DOCKS, S. A.

Rios-Teis, s/n

36216 Vigo (Pontevedra)

Tel: 986811800

Fax: 986452961

Email [email protected]

Web: http://www.metalships.com Name: DEEP ORIENTType: PIPE LAYER VESSEL

Name: NORTH SEA GIANTType: MULTIPURPOSE OFFSHORE

Page 36: Maritime business in Spain

36

Construcciones Navales P. Freire

CONSTRUCCIONES NAVALES P. FREIRE, S.A.

Beiramar, 18

36208 Vigo (Pontevedra)

Tel: +34 986 23 30 00

Fax: +34 986 23 72 84

Email [email protected]

Web: www.freireshipyard.com

Name: DISCOVERYType: OCEAN RESERCH VESSEL

Name: DRACOType: FREEZER TUNA

Page 37: Maritime business in Spain

37

Hijos de J. Barreras

HIJOS DE J. BARRERAS, S.A.

Beiramar, 2

36208 Vigo (Pontevedra)

Tel: 986 21 32 97

Fax: 986 21 34 00

Email [email protected]

Web: http://www.hjbarreras.es/

Name: EDDA FIDESType: FLOATEL

Name: ALBATUN TRESType: FREEZING TUNA SUPERSEINER

Page 38: Maritime business in Spain

38

Factorías Vulcano

FACTORÍAS VULCANO, S.A.

Santa Tecla, 69 - Apdo. 1507

36207 Vigo (Pontevedra)

Tel: 986266161

Fax: 986267932

Email [email protected]

Web: http://www.factoriasvulcano.com

Name: POLAR DUCHESSType: SEISMIC VESSEL

Name: MAARTJE THEADORAType: FREEZER STERN TRAWLER

Page 39: Maritime business in Spain

39

Gondán

ASTILLEROS GONDÁN, S.A.

Puerto de Figueras

33794 Castropol (Asturias)

Tel: 985636250

Fax: 985636298

Email

Web: http://www.gondan.com

Name: EDDA FERDType: PLATFORM SUPLLY VESSEL

Name: ANDENESFISKType: FREEZER STERN TRAWLER

Page 40: Maritime business in Spain

40

Armon

ASTILLEROS ARMON, S.A.

Av. Del Pardo, s/n

33710 Navia (España)

Tel: 985631464

Fax: 985631701

Email [email protected]

Web: http://www.astillerosarmon.com

Name: CAPE ANNType: TUNA FISHING VESSEL

Name: BYLGIAType: OFFSHORE

Page 41: Maritime business in Spain

41

Balenciaga

ASTILLEROS BALENCIAGA, S.A.

Santiago Auzoa, s/n

20750 Zumaia (Gipuzkoa)

Tel: 943860262

Fax: 943862089

Email: [email protected]

Web: http://www.astillerosbalenciaga.com

Name: GRAMPIAN SOVEREIGNType: PLATFORM SUPLLY VESSEL

Name: ALBUZEM 3Type: ASD ESCORT TUG

Page 42: Maritime business in Spain

42

Zamakona

ASTILLEROS ZAMAKONA, S.A.

Puerto Pesquero s/n

48980 Santurtzi (Bizkaia)

Tel: 944618851

Fax: 944612580

Email: [email protected]

Web: http://www.astilleroszamakona.com

Page 43: Maritime business in Spain

43

Murueta

ASTILLEROS MURUETA, S.A.

Malloape Auzoa, S/N

48394 Murueta (Bizkaia)

Tel: 946252000

Fax: 946255244

Email: [email protected]

Web: http://www.astillerosmurueta.com

Name: DFF VALENCIAType: OFFSHORE

Name: PLAYA DE AIZKORRIType: TUNA PURSE SEINERS

Page 44: Maritime business in Spain

44

Construcciones Navales del Norte – LA NAVAL

CONSTRUCCIONES NAVALES DEL NORTE, S.L. –LA NAVAL

Ribera de la Ría, s/n.

48910 Sestao (Bizkaia)

Tel: 944858600

Fax: 944858651

Email: [email protected]

Web: http://www.lanaval.es

Name: JOSEPH PLATEAUType: FALLPIPE & MINING VESSELS

Name: SESTAO KNUTSENType: LNG

Page 45: Maritime business in Spain

45

ASTANDER. Astilleros de Santander

ASTILLEROS DE SANTANDER, S.A.

Fernández Hontoria, 24

39610 El Astillero (Santander)

Tel: 942209100

Fax: 942209101

Email: [email protected]

Web: http://www.astander.es/

Name: BRETAGNEType: FERRY

Name: NDURANCEType: CABLE LAYER

Page 46: Maritime business in Spain

46

Astilleros de Mallorca

ASTILLEROS DE MALLORCA, S.A.

Contramuelle-Mollet, 11,

07012 Palma de Mallorca

Tel: 971710645

Fax: 971721368

Email:

Web: http://www.astillerosdemallorca.com/

Name: S.Y. JESSICAType: SAILING YATCH

Page 47: Maritime business in Spain

47

ASTICAN. Astillero Canario

ASTICAN, ASTILLERO CANARIO

Avenida de las Petrolíferas, s/n.

35008 Las Palmas de Gran Canaria

Tel: 928479800

Fax: 928479820

Email: [email protected]

Web: http://www.astican.es/

Name: STENA DRILLMAXType: TUGS, SUPPLY AND RESEARCH

Page 48: Maritime business in Spain

La Naval ferry project

Some figures regarding the ferry built in La Naval:

• Capacity 1.600 passengers and 350 vehicles

• Dimensions: 232,2m x 30,4m

• Prop. system: LNG (the first ferry in the Mediterranean with this system)

• Designed by: Cotenaval

• Customer: Baleària

• Delivery date: 2019

• Cost: 175 M €

A second ferry, identical to this one might also be built in the near future

Page 49: Maritime business in Spain

MUCHAS GRACIAS

KIITOS PALJON

THANK YOU VERY MUCH

Page 50: Maritime business in Spain

• Headquarters

Alameda de Urquijo 80, oficinas

48013 Bilbao - Spain

+34 944 644 644

Miguel Ríos [email protected]

Skype: miguelrios.alium

+34 636 626 311

www.alium.com

Bilbao – Madrid

México, D.F. – Miami – Río de Janeiro – Santiago de Chile – Argel