27th to 29th of Oct 2020

Vigo shipyads doble in weight in Spain, where shipbuilding stands stills

The area workload represents nowadays 61% of the national activity when in 2018 did not reach 30%

Shipbuilding is moving at two speeds in Spain. While sector stands still in the whole of the national territory, in Vigo grows. Last year, Galicia – with Vigo-Marin private shipyards axis - tripled the country level. By the end of 2019 it represented 61% of the Spanish order book and in 2018 it barely reached 30% (it stood at 27%), according to data from the Industry General Secretariat and Ministry of Industry SMEs.
This is due to a break within the sector in the rest of the country with a downward activity compared to previous years while in Vigo shipyards are stable despite having several drops: Vulcano in liquidation and Barreras stopped for over four months.

Official data attests it: Spanish order book raised to 45 contracts, the lowest figure in the last eight years. It would be necessary to go back to 2011, when in the middle of the tax lease crisis, 39 ship constructions were accounted for, while the record for the last decade was in 2017 with 61 contracts in force. Throughout this period, Vigo has remained stable, bringing together about twenty contracts while the rest of the communities have been losing weight.

(Source: Atlántico Diario)

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