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1 Gran Vía, 35 3º Bilbao / Spain Tel.: Fax: Buenos Aires, 2-1.º Izda Bilbao (Bizkaia) / Spain Tel: Fax:

2 The Basque Maritime Industry Sector

3 Index

4 1 2 The Basque Country: A Booming Industrial Reality 9 Strategic Location 9 Industrial Subcontracting Network 11 International Activity 11 Administrative Structure 11 Education Infrastructure 13 R&D&I Infrastructure 13 Industrial and Economic Infrastructure 13 Quality of Life 13 Basque Ships and Equipment for a Very Demanding Market Basque Maritime Industry 16 The sector in figures 16 The Basque Maritime Industry Sector 17 Subsectors of Basque Maritime Industry 19 Merchant and Fishing Ports 21 Company Search 24 Company Catalogue 31

5 General Picture Area 7,234 Km 2 Population (2003) 2,112,204 (5.4% of the population of the Spanish State) Population density Inhabitants / Km 2 Official Languages Basque and Spanish Capitals Bilbao, Vitoria Gasteiz and Donostia San Sebastián Airports Loiu, Hondarribia and Foronda Main ports Bilbao and Pasaia Technology parks Bizkaia (Zamudio), Gipuzkoa (Miramón) and Araba (Miñano) Doctors 456 for every one hundred thousand inhabitants Sports facilities 3,058 Students/teacher 9.6 Ratio (for secondary education) Schooling rate (15-19 years) 83.5% (20-29 years) 23.5% Source: Eustat and Author s own 8

6 The Basque Country A Booming Industrial Reality T he Basque Country is a natural and industrial environment that provides outstanding conditions for the development of the Basque Industry Maritime Sector. Its agents, with more the presence of the necessary conditions, attitudes and aptitudes for the development of the Basque Maritime Sector, which is extremely active and competitive. than 300 years of industrial culture, provide excellent professionals, trained in some of the most prestigious Spanish teaching institutions. Its geographical situation and modern communications infrastructure, favour freight and human mobility. A large number of back-up institutions help in R&D&I activities and in the spreading of new technologies. The Basque country is situated in the northeast part of the Iberian Peninsula and is the largest industrial area in Spain. It is characterized by its constant adaptation to the changes needed for the development of an advanced society, given Strategic Location The Basque Country, one of the geographical and communication centres of European Atlantic, has several sea ports, national and international airports, a large and well connected train and motorway network and top quality roads. Likewise, the logistic centres in the Port of Bilbao and the Vitoria airport are arrival and departure halls for freight to and from the most important international destinations. 9

7 Industrial and Subcontracting Network Companies (2003): (Total No.) 171,988 Employed population * (Persons) 912,500 Unemployment Rate 7.0% Agriculture * (% population) 1.73 Industry * (% population) Construction * (% population) 9.19 Services * (% population) Steel and special steels. Aeronautics and Aerospace industry. Industrial sectors with Automotive sector. greater presence: Capital goods Electrical household appliances. Electronics, computing and telecommunications. Machine Tools. Gross Domestic Product - GDP (Mill. Euros) 44,881 GDP per inhabitant (Euros) 24,552 Gross added value distribution Agriculture (%) 1.36 Industry (%) Construction (%) 7.93 Services (%) Imports (Mill. Euros) 12,474 Exports (Mill. Euros) 13,521 Research and Development (%/GDP) 1.48 Exports Non energetic imports 2004 BASQUE COUNTRY Technological Level of Exported Products SPANISH STATE EXPORTS (Millions of Euros) 12, ,619 IMPORTS (Millions of Euros) 9, ,980 COVERAGE/ BALANCE OF PAYMENTS (%) Source: Eustat and Ministry of Economy HIGH (%) MEDIUM HIGH (%) MEDIUM LOW (%) LOW (%) Source: EUSTAT Source: Basque Government and Eustat. GDP EVOLUTION (%) A.C.B.C Source: Revenue Department. Basque Government 6.0 SPAIN EUROPEAN UNION External trade. Export tendency. (%). Export tendency* A. R. Basque Country Spain France United Kingdom 19.3 Germany Japan 10.2 Italy Source: EUSTAT * Exports/GDP Quality ISO 9000 Certified Companies (No.) 4,016 ISO Certified Companies (No.) 675 Awarded entities (EFQM Model of Excellence) (No.) 5 Q Oro Premio Vasco Calidad de Gestión 15 Q Plata 65 No. of quality certificates/1000 mill. Euros of GDP 11.5 (Third highest rate in Europe) Source: Department of Industry, Commerce and Tourism

8 Industrial Subcontracting Network The Basque Country has a long industrial tradition, which began in the dawn of the iron and steel industry, following with shipbuilding and has evolved towards the most advanced technological sectors. The well known business mentality of the Basque people has given rise to a dense network of small and medium sized specialized companies, providing an industrial network with multiple possibilities for subcontracting. projects, etc. "Sociedad para la Promoción y la Reconversión Industrial, S.A." is a Basque Country development agency. One of its main missions, is to promote the country as an attractive place to invest in, and to establish business links between overseas and Basque companies. It is greatly experienced in this area, as it has been working in it for over 20 years. SPRI is a privileged way to access a large variety of financial aid, both public and private, a specially attractive and competitive offer for companies, forming an advanced system for industrial promotion. International Activity Basque companies are active internationally, with installations and/or strategic alliances in several countries around the world, the most important being those in the rest of Europe, Latin America and the Far East. Basque Public Administration has created some aid agencies to provide basic aid to companies in areas such as: quality (Euskalit), environment (Ihobe), energy (Eve), technology (Eite), etc. This is the basic reason behind why the Basque Country is nowadays one of the European areas with the highest amount of ISO 9000 certificates and a greater implementation of Administrative Structure The Basque Country, has a large range of administrative powers, the most important being, industry, education and public investments. There has been a traditionally wide range of aids to companies: investment for starting up business projects and for developing new products and technological companies, promotion of implementation the European Excellence Model, EFQM. There is also a great awareness of all environmental aspects, which contributes to a low impact on the environment and provides high quality settings, in spite of the industrial density. The Basque Public Administration, has the best public health system in the whole of the country, Osakidetza, and one of the modernist and most automatised public administrations, that has a specific programme for the development of electronic administration. 11

9 Training Infraestructure Universities - University of the Basque Country/Euskal Herriko Unibertsitatea (UPV/EHU) (public) - University of Deusto/Deustuko Unibertsitatea (private) - University of Navarre (San Sebastian campus) (private) - University of Mondragon (private) University students (2003) (No.) 91,000 Nautical and Naval Engineering university students (2003) 400 No. of workers who are studying continuous training courses in the Basque Country (No.) 100,987 Sources: FORCEM, HOBETUZ, Basque Government (Education) and AFM. R&D Infrastructure R&D Spending (% GDP) 1.49 R&D Spending (Mill. Euros) Private sector Technology Centres: 16 R&D Spending distribution (%) Companies: Universities 3 Public Research Organisms Projects of companies in the machine tools sector (Basque Country) in the 5th and 6th Framework programmes of the European Union 43 Sources: EUSTAT y AFM. BASQUE COUNTRY A.R. SPANISH STATE EUROPEAN UNION Spending % GDP Business spending % GDP * Personal FTE/Active population Personal FTE/Active population Source: Eustat 2001, INE 2001 and Eurostat * Industrial and Economic Infrastructure ACEDE (Electrical Household Appliances) ACICAE (Automotive Sector) ACLIMA (Environment) ADINDE (Basque Maritime Forum) AFM (Machine Tools) CLUSPAP (Paper Cluster) Driving clusters Energy Cluster Knowledge Cluster GAIA (Electronics, Computing and Telecommunications) HEGAN (Aeronautic and Aerospace Industry) UNIPORT (Cluster of the Port of Bilbao) Companies located in Technology Parks (No.) 260 Industrial Estates (No.) 72 Companies using the Internet in their daily management (>10 employees) (%) 88.1 (<10 employees) (%) 42.6 Source: Eustat and Basque Government 12

10 Education Infrastructure The Basque Country has four prestigious universities, with more than 91,000 students and 4,000 lecturers. Scientific education applied to both navigational and maritime transport needs, as well as the setting up and maintenance of ships propulsion machinery and services, is one of the most important scientific-technical specialities offered by the Basque education system. Nowadays, the students from the Bilbao Nautical and Naval Engineering Technical High School do not find it at all difficult to find jobs both at sea and on land, given the amount of qualified professionals required by the sector. Parks includes three large parks (Bilbao, San Sebastián and Vitoria), and the Zamudio Technological Park stands out as the best in Spain. The Basque Country Cluster network, is one of the most important aids to the more than 1,000 associated companies, given its constant work in promotion, encouragement and negotiation, articulating a free-flowing industrial development system based on collaboration. All these centres and the greater part of the Basque territory have access to wide band telecommunication networks, with two main operators and a large number of Internet services (ISP). The Basque financial system is well known for its authority R&D&I Infrastructure The Basque Science, Technology and Innovation Network (RVTI) is made up by 75 institutions, amongst which are 10 internationally prestigious Technological Centres, university and range, and is the origin of international banks such as the BBVA, the confederation of Savings Banks, the Cooperative System, etc. Furthermore, all the most important international financial institutions are present in the Basque country. departments with accredited investigation, four investigation laboratories, etc. All in all, one of the highest concentrations of dedication to research and development in the whole of Europe to back up industrial activity. Industrial and Economic Infrastructure The Basque Country boasts a large back-up network to the industrial sectors. The Basque Network of Technological Quality of Life The fame of the Basque Country's high quality of life is upheld by an exceptional landscape and geographical conditions (sea, mountains, climate, etc.) as well as top quality cultural setting (festivals and international congresses, cinema, jazz...), renowned museums (Guggenheim Bilbao, Artium, Chillidaleku...) and by its highly prestigious gastronomic culture. Sport, in all its facets, has also been important in the Basque society's tradition. 13

11 PUMPS BOMBAS AZCUE, S.A. - Cestona 2.- INDAR ALTERNATORS - Beasain 3.- ENGINES GUASCOR, S.A. - Zumaia 4.- ENGINE ROOMS BOMBAS ITUR, S.A. - Zarauz 5.- TUG ASTILLEROS ZAMAKONA, S.A. - Santurtzi 6.- ENGINE FACTORY WARTSILA IBERICA, S.A.- Bermeo 14

12 Ships and Basque Equipment for a Very Demanding Market ENGINES FINANZAUTO, S.A. - Amorebieta 8.- DREDGERS IZAR SESTAO - Sestao 9.- ROV SUPPLY - BALENCIAGA. Zumaia 10.- LIQUIFIED GAS TANKER LNG IZAR SESTAO - Sestao 11.- TUNA FREEZER TRAWLER ASTILLEROS MURUETA, S.A. Murueta - Gernika 12.- FORAM Shipbuilding Programme SENER INGENIERIAS Y SISTEMAS, S.A. Las Arenas 15

13 The sector in figures Shipbuilding - % Order Book 2004 Auxiliary Industries % 26% The Basque Country Rest of the State 45% The Basque Country Rest of the State 55% % Sectorial Distribution Maritime Sector % GDP Basque Country (Mill. ) 27.59% 3.45% Shipbuilding Maritime Fishing Ports/Docks 2.5% Maritime Sector Rest 72.41% 97.5% Maritime Sector Distribution by region Basque Maritime Industry Turnover (Mill. ) 1,110 1,115 1,105 1,100 1,108 16% 4% Bizkaia Gipuzkoa Álava 1,090 80% ,050 % Firms with ISO Quality Certification % ISO 9000:2000 No ISO 9000: % % Firms with Environmental Certification 2004 Basque Maritime Industry Employment 9,16% No ISO 14000:2004 ISO 14000: ,84% Prevention Management System 6.67% Yes No % 16

14 Basque Maritime Industry The Basque Maritime Industry Sector Euskadi has been and is a country with maritime geography, culture and activities, which have been one of the development motors of our community, as maritime traditions go back many centuries. During the last decade, Basque Maritime Industry, has continued to recover, after an important restructuring process, and has consolidated itself in both the national and international markets, with prestigious products and brand names. The boats built in Basque shipyards are high quality and are internationally renowned, both in Europe and the rest of the world: IZAR-Sestao s LNGs, Dredgers and Shuttle Tankers, Murueta Shipyard s Tuna Freezer Trawlers, Balenciaga Shipyard s Suppliers, Zamakona Shipyard Tugs or Pasaia Shipyard s Trawlers. The Basque Maritime Sector in general, and the maritime ancillary industry in particular, possess the high technology and high added value, typical of a country as technologically developed as Euskadi. The companies in the sector are investing in research and development and in the application of new technologies, both in shipbuilding and in ship equipment. As regards Quality Management, the Basque Maritime Sector has been undergoing an important transformation in the last few years. The companies have shown a growing interest for the implantation of quality management systems, according to the ISO9000:2000 regulation (56% of the companies in the Maritime Sector have the certificate) and ISO :96 (9.16%), as well as the application of models aimed at Excellence in Management. In 2004, the companies of the maritime sector had a turn over of 1,050 Euros in maritime sector activities, and directly employed 14,000 workers. At an international level, the markets are dominated by Asian countries, mainly Korea and Japan, with a joint market quota of 64,6%. Europe s market quota has increased considerably to 10,8% as a consequence of its enlargement to 25 states, mainly due to contribution of Poland, Rumania and Croatia. Spain presently represents 0,5%. 17

15 Sector Competitivity Factors A lot of experience in Human Resources A sector in constant strategic reflection Progressive incorporation of technical advances and NTIC Use of design assisted Software Up-to-date experience in shipbuilding Production diversity: - freight transport - human transport - fishing boats Sector Tendencies New markets - Military: situation after September 11 - Energy Systems: Natural Gas - Repair Work: Near to the main maritime traffic routes - Fishery: new and far off fishing grounds - Leisure: leisure boats Strategic European alliances Cooperation Work to tackle new challenges and markets Internationalization Aid Actions - SINAVAL-EUROFISHING: One of the Sector's most important trade fairs in Europe. It is a show that offers an exhaustive catalogue of the latest products and/or services from the international market of the maritime, fishery and port sectors. - ENIs International Shipping Meetings: Programme of business meetings organized by the Basque Maritime Forum in collaboration with the Bilbao International Exhibition Centre, in the SINAVAL-EUROFISHING framework to strengthen the competitiveness of the shipping ancillary industry and its position in international markets. - International Promotion Groups, Fitting out: the supply of the different elements for the fitting out of a ship, doors and hatches. Engine Rooms: the supply of all the equipment for engine rooms as well as the basic and development engineering. Shipyards and Engineering Companies: They work on two lines to design ship prototypes for Short Sea Shipping and artificially intelligent fishing vessels. - Direct and indirect business assignments for the Basque maritime sector companies. - Presence in the sector s main Trade Fairs: SMM-Hamburg, Nor Shipping-Oslo, Fishing-Glasgow, Posidonia-Athens, Danfish-Denmark, Marintech- China, etc. - Market Surveys: Market surveys on the maritime sector situation in several countries, business possibilities, study of the economy, etc. European Projects: Leonardo da Vinci Programme NAVALTECH: The Project is based on the analysis of the specific impact of new technologies, techniques, and working methods on the jobs and professional profiles that make up the shipping sector and its ancillary industries in the European countries participating as members of the project: Wales, Italy, Greece and Spain. Main subsectors of the Maritime Sector: SHIPYARDS ANCILLARY INDUSTRY - SHIPYARD SUBCONTRACTORS - ENGINE ROOMS - HULLS AND DECKS - ENGINEERING TECHNICAL OFFICES - SHIP CHANDLERS - OTHER SUBSECTORS PLEASURE NAVIGATION 18

16 The ADIMDE (Euskadi Maritime Industry Group) was set up, 10 years ago, in 1993, with the aim of encouraging, promoting and increasing awareness of maritime activity and culture in Euskadi. Subsequently, at the end of 1997, the Basque Maritime Forum was created, to continue and elaborate on ADIMDE's task and make itself a meeting point for all the Basque maritime sector's agents: Banking, Institutions, Port Authorities, Technological Centres, Universities, etc. added to the agents from ADIMDE group, and to develop actions to improve its companies long-term competitiveness, and promote maritime culture. The main problem of both Basque and European Maritime Industry, is the fierce competition from the eastern Asian countries, with aggressive price policies that have harmed the European sector. The brutal fall in prices, has turned possible clients (ship-owners) to the Asian shipyards, as the Europeans are incapable of facing up to a difference of around 30% in prices. IZAR-Sestao, direct competitor of the Asian shipyards in the building of high tonnage ships, has been the company most harmed in the Basque Country. tonnage steel boats, from large methane carriers or dredgers, bulk carriers, to fishing boats, as well as ferries, ships for offshore industry or large tuna trawlers. Many of these boats are planned and designed by specialized engineering and technical offices from the Basque Country. There are also shipyards specializing in shipbuilding in other materials than steel such as wood, Riverside Boatbuilding, composites and fibre glass for the building of boats for pleasure navigation. B) Ancillary Industry Basque Maritime Ancillary Industry, is made up of a large number of companies who have progressed from being only suppliers to offering highly technological services and integrated equipment. Its role is tending towards becoming an integral part in the development of shipbuilding. Suffice it to say that the shipyards subcontract more than 70% of the total cost of a ship, creating 3.5 more jobs per person employed in the shipyard itself. Basque Maritime Industry has been continually changing, and has developed from being a mass production industry to becoming a technologically developed activity, offering ship-owners, ships with a high added value, Subsectors of Basque Maritime Industry A) Shipyards There are five Shipyards in the Basque Country, three in Bizkaia and two in Gipuzkoa, that build different types and incorporating advanced equipment and systems. During the last decade, the shipyards have become synthesis industries, that is to say, they have got rid of the activities not related to their core business, becoming the marketer and organizer of shipbuilding, leaving the 19

17 subcontractors, Ancillary Industry, to design, supply and install components for the ships, such as engines, pumps, electricity, valves, boilers, navigation equipment, etc., which make up for around 60% to 70% of the ships cost. Furthermore, Basque Ancillary Industry is immersed in ambitious R&D plans and a business redimensionalization, with alliances and mergers, and it is more and more present in overseas markets, with a competitive offer and a high level of advanced technology. Basque Maritime Ancillary Industry is very heterogeneous, and has room for companies with very different activities. The following are the main subdivisions of the sector: B.1 Shipyard Subcontractors: This groups together companies whose activity is directed at providing services to shipyards, underwater work, fit-out, all round services, welding, boiler making, scaffolding, paint appliers, assembly, Cleaning, Anti corrosion, Electronics, Electricity, etc. B.2 Engine Rooms: This groups together companies whose activity is focused on providing the equipment that makes up the ships engine room. It is usually divided into two main groups: B.2.1 Engines: Some of the leading companies in the world in marine engine manufacturing can be found in the Basque Country. They manufacture auxiliary propulsion motors, for the most advanced ships that are built around the world. Some of these companies, develop and improve their products in their own R&D&I centres. B.2.2 Auxiliary Machine Equipment: Pumps, Alternators, Advanced diesel-electric propulsion systems, electric and control Panels, Cold air and ventilation, Insulation, Valve manufacturing, On board automatization systems, Electronics, Electricity... with their own technology covering the needs of a merchant ship or fishing boat with respect to the engine room. The constant incorporation of the most advanced technologies in design and fabrication, and the use of the most appropriate materials for each application determines the high level of quality that characterizes these groups. B.3 Hulls and Decks: Elements that can be found in the hull or on the deck of ships, such as cables, piping, chains, electronics, electricity, insulation, hydraulics, structural elements, hoisting equipment, capstans, etc. A large number of not only the ships built in Spain, but also in neighbouring countries such as France, incorporate into the ferries, bulk carriers, ro-ro jetties, tuna fish trawlers, etc. the hull and deck elements manufactured by our companies. B.4 Engineering Companies and Technical Offices: Many of the ships built in the Basque Country, in Spain and in Europe, have been designed to carry, or carry, technology 20

18 developed by technical offices based in, or originating from, the Autonomous Community. The leading programme in shipbuilding, FORAM, has been designed by the Basque engineering company Sener, and is used in the most important shipyards in the world. B.5 Ship chandlers: One of the main subsectors complementing the maritime network, is that formed by ship chandlers that complete the ships equipment. This subdivision groups together steel marketing, security, spare parts, oil and lubricants, fit-out, navigation chart companies, etc. B.6 Others: As has been commented on earlier, the Basque Maritime Industrial Sector is made up of so many multiple subsectors that it is difficult to be able to classify them. Added to the specific divisions mentioned earlier, there are numerous companies who develop their activities in the following areas: maritime transport, brokers and consultants, ship repair workshops, trainning companies the sale of boats, accessories, repair work and maintenance of the boats and moorings. A very large part of this amount corresponded to Basque companies working in this sector. The international market is a big market niche, as a large extent of companies production and turn over is allocated to foreign customers. The main Sports Marinas in the Basque Country are: Getxo, Plentzia, Armintza, Mundaka, Elantxobe, Ea, Lekeitio y Ondarroa in Bizkaia and Mutriku, Deba, Orio, Hondarribia, Getaria, Zumaia and San Sebastián in Gipuzkoa. Getxo, Zumaia and Hondarribia have received investments for their infrastructures. Along with the Marinas, there are also Merchant and Fishing Ports, and although they are not considered a part of maritime industrial activity, they are the places where many of the activities of the ships built for Basque Maritime Industry are carried out, and they are closely related. specialised in the shipbuilding sector, Classification Societies, etc. C) Pleasure Navigation In recent years, the Pleasure Navigation Sector has experienced a great growth, specially favoured by the large investments made by the Basque Government, that has either provided Basque marinas with new infrastructures or has improved the already existing ones. In 2004, the pleasure navigation industry, generated approximately 448 million Euros in Spain, mainly from Merchant and Fishing Ports Euskadi has two large freight ports, Pasajes and Bilbao, the latter being one of the largest in Spain. The third largest goods port is the Port of Bermeo. Bilbao Port: The Port of Bilbao started its activities before the foundation of the Town of Bilbao, whose economical and industrial development made it necessary to carry 21

19 The main Basque Fishing Ports BIZKAIA Bermeo Lekeitio Ondarroa Mundaka Armintza Elantxobe GIPUZKOA Hondarribia Getaria Donostia Mutriku Orio ARMINTZA ZIERBENA BERMEO MUNDAKA ELANTXOBE LEKEITIO ONDARROA MUTRIKU GETARIA DONOSTIA ORIO HONDARRIBIA 22

20 out construction work downstream, to allow for larger ships to enter the port. In 1902, a construction work began which was essential to the future development of port activity: the Outer Port, a large breakwater, sheltering the Santurtzi Dock and the Algorta wharf. The Port of Bilbao is, throughout the last few years, immersed a process of expansion and renovation to respond to current needs. The Port has, at present, 18 kilometres of wharfs, a dock area of 17 squared kilometres and a land area of 2.3 kilometres. It boasts distribution terminals for all types of traffic, sufficient space to take on new port traffic projects, excellent services, and is specially dedicated to the development of a telematic platform and to quality and the environment. As a result of the improvement of its installations and infrastructure, the Port of Bilbao has maintained an upward trend in the transport of freight, with a yearly traffic of over 25 million tonnes. Pasajes Port: The privileged location and access to the Port of Pasajes, together with its infrastructures, make it fundamental in the development of industry and commerce in its area of influence. Pasajes is a flexible and comprehensive port. The agility, dynamism, efficiency and safety it offers its clients, are the principal mainstays that allow it to uphold its activity. Its top priority is to offer an all round service, covering all the needs of a ship, as well as guaranteeing its clients a sense of security; a security based on the agility of its services and the almost total lack of incidents occurring in the handling of freight. Likewise, the Port of Pasajes is a large fishing port, in which both its own fishing fleet and fleets from other ports have all the necessary means to unload and sell their catches. Yearly freight traffic in the Port of Pasajes is around 6 million tonnes. Bermeo Port: Although the Port of Bermeo is one of the most important fishing ports, its installations and infrastructure also allow it to be able to receive freight to the extent of 400,000 tonnes per year. Amongst its infrastructures are two shelter docks and four mooring wharfs, as well as the slipway areas, grounding ramps, etc. Fishing Ports: There are numerous fishing ports, as the Basque Country has traditionally been a country with an important fishing activity and culture. In recent years, Basque fishing ports have been immersed in an intense modernization process, equipping themselves with port infrastructures, equipment, installations and services that have given rise to the creation of Fishery Logistical Activity Areas. 23

21 Activity Subsectors: A) SHIPYARDS B.3 HULLS AND DECKS - PIPING - FLUIDS B) ANCILLARY INDUSTRY B.1 SHIPYARD SUBCONTRACTORS - UNDERWATER WORK - FIT-OUT COMPANIES - ALL-ROUND SERVICES - WELDING AND BOILER MAKING - PAINT APPLIERS - CHARGING EQUIPMENT - HIDRAULIC SYSTEMS - CABLES CHAINS ROPES - ELECTRONICS - ELECTRICITY - INSULATION B.4 ENGINEERING COMPANIES TECHNICAL OFFICES - ASSEMBLIES - CLEANING - ANTI-CORROSION PROTECTION - SCAFFOLDING B.5 SHIP CHANDLERS - SAFETY - MACHINERY - TOOLS PARTS SPARE PARTS B.2 ENGINE ROOM - STEEL B.2.1 ENGINES B.2.2 AUXILIARY MACHINE EQUIPMENT - COLD AIR VENTILATION - INSULATION - ELECTRICITY - PUMPS - VALVE MANUFACTURING B.6 OTHER - SHIP REPAIR WORK - BROKERS CONSULTORS - MARITIME TRANSPORT - XXXXXXXXXX - XXXXXXXXXXX - ALTERNATORS GENERATORS - PIPING - FLUIDS C) PLEASURE NAVIGATION 24

22 Company Search COMPANIES HULLS AND DECKS ENGINE ROOM SHIPYARD SHIP OTHER SUBCONTRACTORS CHANDLERS PIPING - FLUIDS CHARGING EQUIPMENT HIDRAULIC SYSTEMS CABLES CHAINS ROPES ELECTRONICS ELECTRICITY INSULATION PIPING - FLUIDS ALTERNATORS GENERATORS ELECTRICITY VALVE MANUFACTURING COLD AIR VENTILATION INSULATION ENGINES PUMPS UNDERWATER WORK FIT-OUT COMPANIES ALL-ROUND SERVICES WELDING AND BOILER MAKING PAINT APPLIERS ASSEMBLIES CLEANING ANTI-CORROSION PROTECTION SCAFFOLDING SAFETY MACHINERY TOOLS PARTS SPARE PARTS STEEL PLEASURE NAVIGATION SHIPYARDS ENGINEERING CO. TECH. OFFICES SHIP REPAIR WORK BROKERS CONSULTORS MARITIME TRANSPORT TRAINNING CLASSIFICATION SOCIETIES Abrasivos Mendiola Aceros Jose Agustin Ormazabal, S.A Agrup. Compañías Electricas, S.A.L. - ACELEC Aislamientos Vascos ISOVAS, S.L. Ajustemar 2002, S.L. Albafrigo - Albacora, S.A. Alconza Berango, S.L. Aldaiturriaga, S.A. Alditor Fijaciones, S.A.L. Alinox Inoxidables, S.A. Alkargo, S. COOP. IND Alkarlan, S.L. Almacenes Metalúrgicos, S.A. (ALMESA ). Andamiajes Egintza, S.L. Apina, S.A. Aplicación Pinturas del Norte, S.A. (APINORSA) Aplicaciones del Cadagua, S.A.L. (APLICASAL) Aragon - Alquiler Maquinaria, S.A. Arbelec, S.L. Ascargo Internacional, S.L. Ast. Balenciaga, S.A. Ast. Bermeo, S.L. Ast. Murueta, S.A. Ast. Zamakona, S.A. Astilleros Lekeitio Untziola, S.A.L. ATN y Proyectos, S.A. Aurtebetxea, S.A. Baskinter, S.L. Befesa - Tratamientos y Limpiezas Industriales, S.A. Bilbaina de Andamiajes, S.L. BIANSA Bilbao Shiprepair Centre BSC Biscay Ship Management, S.L. 25

Gran Vía, 35 3º 48009 Bilbao / España Tel.: +34 94 403 70 12 Fax: +34 94 403 70 22 E-mail: info@spri.es http://www.spri.net

Gran Vía, 35 3º 48009 Bilbao / España Tel.: +34 94 403 70 12 Fax: +34 94 403 70 22 E-mail: info@spri.es http://www.spri.net Gran Vía, 35 3º 48009 Bilbao / España Tel.: +34 94 403 70 12 Fax: +34 94 403 70 22 E-mail: info@spri.es http://www.spri.net Buenos Aires, 2-1.º Izda. 48001 Bilbao (Bizkaia) / España Tel: +34 944 356 610

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