Page 52 - ΝΑΥΤΙΚΑ ΧΡΟΝΙΚΑ - ΣΕΠΤΕΜΒΡΙΟΣ 2022

SHIPYARD INDUSTRY / OPINIONS

DEMAND FOR

NEWBUILDING

PROJECTS AND

REPAIRS

FLUCTUATES

What are a shipping company’s main criteria when selecting a ship-
yard for repairs or newbuildings?
The decisive factor in choosing the area where a ship
will be repaired is the trading route. The parameters
considered during the final selection of a repair yard
are the yard’s capabilities, references from previous
repairs, cost, payment terms, and repair period. For
newbuildings, the criteria are different. In terms of ship
value and quality, the country where the shipyard is
located is critical. Developing a newbuilding design is
a time-consuming and costly process. Each shipyard
focuses on building specific types and sizes of ships
according to its experience, know-how, and capabilities.
When choosing a shipyard to construct a new building,
the main factors are ship specifications, cost, financing,
and delivery time.

How often do you consider repositioning ships because of their
special repair requirements or the fact that there are no reliable
repair facilities/options in the area they trade?
Drydockings are planned well in advance in coordina-
tion with the chartering department to avoid the cost of
deviation from the last port of discharge and minimise
the off-hire time. The last voyage of the ship is not
booked based only on the best commercial offer but
also by considering the best position and conditions
for the vessel to call at a repair yard.
by Panos Kourkountis,
Technical Director, Sea Traders SA In your opinion, can today’s shipyard capacity cope with the demand
from shipping companies?
Demand for newbuildings and repairs fluctuates. There
are periods when the yards are fully booked and oth-

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