Yards seek repair as newbuilding dries up

01 Nov 2011
Yards like Lindenau are turning to repair

Yards like Lindenau are turning to repair

Several German shipyards have revealed they are turning to repair to help fill gaps left by a shortage of newbuilding orders, but that the competition for repair is also growing.

Tom Todd writes: Lloyd Werft Bremerhaven (LWB) told The Motorship its traditional repair activity had been “somewhat overshadowed” of late by spectacular newbuildings and ship completions. Joint MD Rüdiger Pallentin said LWB was now making greater efforts to return to its roots in ship and machinery repair and conversion “in all their aspects” because newbuilding was now harder to acquire.

Pallentin said the yard wanted to better market “the whole spectrum” of its repair skills on the international market. “We were always the international experts for repair and conversion. In future we want to bring that more into the spotlight”, he said.

Dieter Kühne, MD of tanker newbuilding yard Lindenau in Kiel told The Motorship that because of the shortage of newbuilding “the main emphasis of our activities at the moment is repair and maintenance. The sector is becoming an increasingly important mainstay”.

Kühne warned however that others were also trying to acquire work in alternative sectors like repair. As a result “the fight for repair contracts is also getting increasingly tough”, he said.

Another traditional newbuilder, Mützelfeldt Nord in Cuxhaven, is also concentrating on repair and offshore. MD Felix von Waldow was quoted as saying German yards can no longer compete with Asian yards or their prices. This had prompted home yards to fall back on repair, he said. Von Waldow echoed Kühne saying that in turn had meant increased competition for repairs and declining prices in that sector too.

Mützelfeldt Nord and Lindenau both stressed locational advantages for repair – Mützelfeldt on Elbe deep water and Lindenau at the entrance to the Kiel Canal. Kühne also said dock availability “is beginning to pay off”.

Links to related companies and recent articles ...

Lloyd Werft Bremerhaven GmbH

view more