Bureau Veritas: 2013 Pivotal for Shipping Industry

“The 2013 was a pivotal year for the shipping industry. An upturn in the global economy brought renewed confidence, and a surge in new orders and projects,” Bureau Veritas said in its recently published Marine & Offshore Business Review, the annual booklet that presents the group’s business activities and the teams that make it happen.

According to Bureau Veritas, the results from 2013 show a renewed optimism, adding that the whole maritime sector is “looking healthier than it has at any point in the last five years.”

” Once again, our classed fleet grew, to over 10,500 ships. New ship orders almost doubled, to 8.6m gt, with a very substantial number of containerships, bulk carriers and tankers.”

“The significant factor underpinning this growth was a strong increase in ships already in service being transferred to BV class. Around 40 per cent of the 13 m gt added to the fleet during the year was from newbuilding deliveries, and 60 per cent from transfers-in,” Bureau Veritas’ findings show.

“The purpose of the Marine & Offshore Business Review is to provide an annual inventory of the main events that have affected the business over the past year, such as ship deliveries and new orders. It’s like an annual report for the marine & offshore businesses,” says Philippe Boisson, Marine & Offshore Communications Director.

As depicted by Burea Veritas, the 2013 has been a busy year – full of technical innovations, exciting new services and unique challenges.

“This year’s business review highlights some of our greatest achievements in Marine & Offshore activities and provides a comprehensive overview of our services. Clients weigh in on their experience working with us and our activities are broken down by both sector and region,”
the group’s release read.

Philippe Donche-Gay, Executive Vice President Marine & Offshore Division, describes the year as one where “the trust our customers placed in us before the economic crisis has been renewed with vigor as we begin this new cycle of growth.”

Marine & Offshore Business Review

May 22, 2014

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