Although the number of newbuilds is growing, especially for container vessels, the growing shipyard activity did not make it into Swedish Alfa Laval Group's report for the first quarter.
Alfa Laval's maritime business experienced a decrease in order intake and revenue in the first quarter of 2021 compared to the same period last year. The value of new orders dropped from SEK 5.1 billion (USD 611 million) in the first quarter of 2020 to SEK 3.4 billion in the first quarter of this year, while revenue dropped from SEK 4.4 billion to SEK 3.3 billion.
Already a subscriber? Log in.
Read the whole article
Get 14 days free access.
No credit card required.
Get full access for you and your coworkers.Start a free company trial today
Your trial for ShippingWatch has now started
With your free trial you get:
Full access to all locked articles on ShippingWatch.
Daily newsletter and ongoing top-newsletters. You can unsubscribe and subscribe to our newsletters anytime.
When your trial period expires
You will not be transferred to a paid subscription.
You will continue to receive our newsletters after the trial period expires. You can unsubscribe at the bottom of each newsletter.
More from ShippingWatch
A trader at KPI Oceanconnect, a subsidiary of Bunker Holding, has been charged with alleged corruption totaling at least USD 191,250 as rewards for nominating Straits for the supply of bunker fuel to KPI's customers. The employee has been suspended and his contract terminated, the company informs ShippingWatch.