19th to 21st of May 2020

Pescanova will built boats again in Gallaecia for the first time in 30 years

Five shipyards aim for an imminent tender of eight trawlers worth 42.5 million

New Pescanova has only one objective in mind and this is to grow. They want to get a turnover of 1,500 million in 2020, nearly 50% growth from now. To reach it, they bet for keeping the company’s verticality, from the extraction and breeding (72 fishing boats and 8,000 farms hectares, equivalent to 16,000 football pitches) to the trading and manufacturing in 18 factories.

But, in order to bring “the freshness to the dish” (as commercial slogan says), the corporation directed by Jacobo González-Robatto needs to renew a fleet of more than 50 years old (average), almost every boat built in Gallaecia. Latest vessel added to Pescanova’s queue was the trawler Sil delivered by Construcciones Navales Santodomingo (Vigo) in 1987.

30 years and a deep reorganization with bankruptcy threat, from which they are still recovering, the fishing organization must pass by to exercise as shipowner among Gallaecian shipyards. 

There is Money to do it. Banks from the G7 (Sabadell, Popular nowadays at Santander hand, Abanca, BBVA, Bankia, Caixabank and UBI, all of them owners of the fishing organization) have expanded their capital in 350 million to carry out with a strategical plan which includes 125 million investments. From this amount, 42,5 are destined to the tender of eight fishing boats with latest delivery date 2020.

The multi-order is divided in two blocks. Three units of 50 m. Length are included within the most urgent, they are the biggest trawlers to work in Namibian waters.  A second lot is composed by five boats, also trawlers, but of less meter’s length (not more than 30 meters, which will fish in Mozambique).

(Source: La Voz de Galicia)

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