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Ulstein Group posts profitable result for 2009

 

Good profit result for 2009 has been posted by the Ulstein Group with NOK 3.6 billion in sales and an operating profit of NOK 520.9 million.  

According to the company’s report the excellent profits are mainly attributed to Ulstein’s focus on delivery precision and cost control at all levels. CEO Gunvor Ulstein informed that it is pleasure to present such a good result in an otherwise challenging period for industry. Commercialisations of design and equipment packages, shipbuilding at our own yards and elsewhere, and the electro and control systems business have generated solid earnings the last few years.

He further said that such a boosting result has given a solid basis for continuing to build a robust company while at the same time adapting to a challenging market. He added that the company has good project management, enabling us to achieve the goals set within our most important areas.

The Ulstein Group has made strategic design investments in recent years over a number of design and equipment solutions within offshore supply, heavy offshore (e.g. Drillship) and short shipping (e.g. smaller container vessels). The Ulstein Group also delivered good shipbuilding profit results last year, with the ability to deliver vessels at the agreed quality, price and time a crucial Ulstein competitive advantage.

The company has posted NOK 2.95 billion on its order books. Operating revenues: NOK 3.59 billion (2008: NOK 3.21 billion); Operating profit: NOK 520.9 million (2008: 371.9 million); Ordinary profit before tax: NOK 518 million (2008: NOK 431.1 million).

 

Source: ulsteingroup.com 

 

15-03-2010 INTERNATIONAL  

 

Headlines   Headlines

Fishing vessel safety forum begins October 13.. 

The National Transportation Safety Board is going to hold a forum on fishing vessel safety beginning Wednesday, 13 October 2010.

03-09-2010 INTERNATIONAL  

Labrador fish stocks under Inland Fish Enforcement Program.. 

Inland Fish Enforcement Program expanded further to protect world-class fish stocks in Labrador, says a report.

03-09-2010 CANADA  

Mexican shrimp fleet eyes US certification.. 

Mexico’s shrimp fleet is under US official verification whether they have made sufficient corrections to comply with turtle-protection standards.

03-09-2010 MEXICO  

Scottish mussels gaining popularity in UK.. 

Rope grown mussels produced by the Scottish Shellfish Marketing Group (SSMG) have achieved Friend of Sea (FoS) certificate.

01-09-2010 UNITED KINGDOM  

US commercial fishing industry report.. 

Research and Market has announced a report on US commercial fishing industry, revealed a media report.

01-09-2010 UNITED STATES  

Deadliest catch in deadliest waters.. 

Catching groundfish in the Northeast Coast is the most dangerous business and the real ‘deadliest catch’.

01-09-2010 UNITED STATES  

New Zealand scallop season opens.. 

Scallop season opens in Auckland and Fisheries Minister urges the fishers to go by the rules and regulations.

01-09-2010 NEW ZEALAND  

Bio-fuel from fat of tra and basa fish.. 

Vietnam’s leading catfish co-op Agifish has teamed up with SaigonPetro and two local refrigeration firms to produce a bio-fuel efficient from the fat of tra and basa fish.

01-09-2010 VIET NAM  

The bell tolls for Baltic salmon, Finnish letter warns.. 

31-08-2010 SWEDEN  

Value of catch January-May 2010.. 

31-08-2010 ICELAND  

Proportion of mackerel from 10 to 70%.. 

31-08-2010 ICELAND  

Iceland demand its right to fish mackerel.. 

Iceland trawlers have all the right to fish mackerel from its waters as much quantity as it require, claimed Fisheries Minister.

31-08-2010 ICELAND  

Danish vessels caught fishing illegally.. 

Greenpeace Sweden documented Danish vessels fishing illegally within the protected area of the Kattegat, says a report.

31-08-2010 DENMARK  

Yarmouth Coastguard alert about 60 tones of lost cargo.. 

Yarmouth Coastguard have been warning ships on sea about 60 tonnes of lost cargo of Norwegian vessel.

31-08-2010 UNITED KINGDOM  

Coalition comments on New European Marine Sites.. 

New European marine sites in Lyme Bay come under severe criticism from the Coalition.

31-08-2010 UNITED KINGDOM  

EU, Norway’s 110% grab of total mackerel quota for themselves raises questions of credibility.. 

While some blame Iceland and the Faroe Islands for alleged problems in the North East Atlantic mackerel fishery, questions remain over the EU and Norway’s commitment to multilateral cooperation as the mackerel stock gravitates toward the northwest, says the Faroese Pelagic Organisation.

30-08-2010 FAROE ISLANDS  

Fish Prices/Landings For Scotland... 

30-08-2010 UNITED KINGDOM  

Emotion Over Mackerel Row... 

30-08-2010 UNITED KINGDOM  

Safety audit target commercial fishing vessels.. 

A new safety campaign has targeted commercial fishing vessels in Queensland in order to improve safety, confirms a report.

30-08-2010 AUSTRALIA  

Islands to turn into national park protecting fish from China driftnets.. 

Taiwanese government has decided to turn three islands off the north coast into a national park to protect fish stocks.

30-08-2010 TAIWAN, PROVINCE OF CHINA  

 

UK fishing industry expects hardship for fish price.. 

Price of fish would be coming down drastically as Iceland increases its cod quota and this worried Scottish fishing communities.

30-08-2010 UNITED KINGDOM  

Implementing MPA in UK waters.. 

NFFO holds Natural England and JNCC into account for the MPA Fishing Coalition in UK waters.

30-08-2010 UNITED KINGDOM  

Commercial fishing fatality rate runs high in US.. 

Among US industries commercial fishing is the most dangerous occupation as its fatality rates rank top.

30-08-2010 UNITED STATES  

New management plan for Beaufort Sea.. 

The government of Canada has announced an Integrated Oceans Management Plan for the Beaufort Sea.

30-08-2010 CANADA  

MCS Wins ‘David & Goliath’ Legal Battle At United Nations... 

30-08-2010 UNITED KINGDOM  

Fishermen share views with the Marine Management Organisation.. 

The Marine Management Organisation (MMO), the body responsible for managing the delivery and enforcement of Common Fisheries Policy, this week met with the fishing industry in East Anglia and Kent to discuss the recent closure and subsequent reopening of the North Sea sole fishery. Policy officials from the Department for Environment, Food and Rural Affairs (Defra) also attended.

30-08-2010 UNITED KINGDOM  

New measures to combat illegal fishing in dive site.. 

Queensland government has announced new measures to fight illegal fishing in dive site where HMAS Brisbane lies, off Mooloolaba on Queensland's Sunshine Coast.

29-08-2010 AUSTRALIA  

Deepwater drilling moratorium affected Louisiana.. 

Federal moratorium on deepwater drilling in the Gulf of Mexico has become state’s biggest problem, after BP oil spill.

29-08-2010 UNITED STATES  

India-Sri Lanka debate over fishing issues.. 

More than 117 fishermen’s associations of North Sri Lanka are in meeting with their Indian counterparts in Jaffna.

29-08-2010 SRI LANKA  

Illegal lobster seized.. 

State marine officers have seized more than 100 lobster tails, all illegally separated on the water, in the Lower Keys.

29-08-2010 UNITED STATES  

Government boosts tuna fishing in the state.. 

Maharashtra state of India is getting all the help from the state government to move ahead with tuna fishing.

29-08-2010 INDIA  

BP Oil Spill: NOAA Re-opens Federal Waters off Western Louisiana to Commercial and Recreational Fishing.. 

Effective August 27, 2010 at 6 p.m. eastern time (5 p.m. central time), NOAA will reopen 4,281 square miles (11,088 sq km) of area it had previously closed to commercial and recreational fishing in the Gulf of Mexico in response to the BP/Deepwater Horizon oil spill.

29-08-2010 UNITED STATES  

Illegal fishing of herring & mackerel caught.. 

Shetland trawlermen had caught herring and mackerel of pound 15 million worth illegally, says a report.

28-08-2010 UNITED KINGDOM  

SFF issue release of meeting with Scottish Fisheries minister.. 

Scottish Fishermen’s Federation (SFF) and Scottish Fisheries Minister Richard Lochhead have done a constructive meeting for the sake of fishing industry.

28-08-2010 UNITED KINGDOM  

Skipper of vessel in court due to a deck hand.. 

Wayne Evans, a deck hand on the fishing vessel PZ41 Ocean Spray was involved in an incident on board the vessel, lands skipper in court.

28-08-2010 UNITED KINGDOM  

Creating awareness about legal fishing.. 

The Queensland Boating and Fisheries Patrol is creating awareness among NQ visitors to know their fishing rules and regulations.

28-08-2010 AUSTRALIA  

Obama administration’s fishing regulations face protest.. 

Fishing vessel circling Vineyard Haven’s harbor as a sing of protest President Obama’s restrictions on commercial fishing.

28-08-2010 UNITED STATES  

Canada supports B.C. aquaculture projects.. 

The government of Canada extended its support for six innovative B.C. Aquaculture Projects, confirms press release.

26-08-2010 CANADA  

Crew of sank boat saved after two days at rough seas.. 

A tropical storm sank a boat and ten Vietnamese fishermen were on rough seas for two days but were saved by officials, says a report.

26-08-2010 VIET NAM  

Whitefish fleet going out of business.. 

Scottish fishing industry urges leaders for a freeze on any further cuts in the days vessels can go out fishing as they fear some whitefish boats are on the brink of going out of business.

26-08-2010 UNITED KINGDOM  

Danish Fishing Equipment Group at Nor-Fishing 2010
Parseta
 
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