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Oliver Design's order book for 2020 bounces back to pre-recession levels

Spanish naval design and architecture firm Oliver Design has got the new year off to an excellent start: End-of-year figures show a 30% increase in orders, with new contracts guaranteeing plenty of work for at least the next two years. The stats confirm a gradual recovery in business in recent years, with the firm now operating at similar levels to the pre-2008 period.

Oliver Design ended 2019 with a very healthy balance sheet. Highlights for the year
included designs for the latest-generation tuna boat ATERPE ALAI, built at the Zamakona
shipyard for Spanish shipowner Echebastar (Bermeo); a sophisticated shadow boat
(service vessel for a super luxury yacht) HODOR, manufactured at the Armón shipyard in
Burela; the fast ferry MAR DE CIES, also being made at Armón, for Mar de Ons, a shipping
line operating in the rías of Galicia (Spain); and two patrol vessels, the first built in Freire
for the Kuwaiti Fishing Ministry and the second at Armón for the Spanish Civil Guard’s
Maritime Service. Last year also saw the launch of the SCENIC ECLIPSE, a luxury discovery
cruise ship fitted with state-of-the-art equipment and facilities, for which Oliver Design
was involved in the architectural design.

Projects currently underway include interior design and outfitting for ten very varied types of vessel:
- A small luxury cruise ship, the LORD OF THE HIGHLANDS, which will operate in the
Scottish Highlands and Hebrides Isles. The former Turkish passenger vessel has
been refurbished in Vigo, Spain.
- A RORO ferry, the TEREVAU PITI, currently under construction at the Armón
shipyard in Vigo, which will ply routes between the islands of French Polynesia.
- Baleària’s new eco-efficient ELEANOR ROOSEVELT, the world’s first smart fast ferry
to be powered by liquid natural gas, now under construction at the Armón
shipyard in Gijón, which will operate in the Balearic Islands.
- A 28-metre tug, the IBAIZABAL QUINCE for Ibaizabal, built at Murueta shipyards
and now at the final outfitting phase.
- A well boat, the KRISTOFFER TRONDS, which will transport live fish. The vessel is also
being built at Murueta for a Norwegian shipowner.
- Two new shadow boats (support vessels for luxury yachts), which like the ‘Hodor’
have been commissioned to the Armón shipyard in Burela (Lugo).
- A range of alterations to Brittany Ferries vessels, currently being carried out at a
number of shipyards in Santander.
- And a new phase in architectural design of the ECOSHIP, which, when completed,
will be the world’s most eco-friendly cruise ship, commissioned by the Japanese
NGO Peace Boat.
In addition to these projects, Oliver Design is also at an advanced stage of negotiations
for new contracts including design of a new ocean cruise ship for a Spanish company, and
conversion of a 90-metre motor yacht.

The firm is facing into 2020 and 2021 with excellent prospects. These good business
figures are the result of a diversification strategy which has enabled Oliver Design to take
on a wide range of services on all types of vessel on commission from shipowners and
shipyards alike. The firm can handle turnkey projects at different locations, meeting the
agreed delivery periods.

Jan 15 2020


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