{"id":2606,"date":"2020-05-24T09:59:55","date_gmt":"2020-05-24T09:59:55","guid":{"rendered":"https:\/\/shiprepairers.co.uk\/international\/?p=2606"},"modified":"2020-08-24T10:39:01","modified_gmt":"2020-08-24T10:39:01","slug":"srs-view-on-the-impact-of-covid-19","status":"publish","type":"post","link":"https:\/\/shiprepairers.co.uk\/international\/srs-view-on-the-impact-of-covid-19\/","title":{"rendered":"SRS&#8217;s view on the impact of Covid-19"},"content":{"rendered":"<p>[vc_row][vc_column offset=&#8221;vc_col-lg-9 vc_col-md-9&#8243;][vc_custom_heading source=&#8221;post_title&#8221; use_theme_fonts=&#8221;yes&#8221;][stm_post_details][vc_column_text css=&#8221;.vc_custom_1598265379658{margin-bottom: 30px !important;}&#8221;]<\/p>\n<p style=\"font-weight: 400;\">SRS Ltd is the UK\u2019s oldest independent shipping agency and provides ship repair, engineering<br \/>\nsupport and maritime solutions to the UK owners, ship managers and operators worldwide through its<br \/>\nglobal network of ship repair yards.<\/p>\n<p>SRS Ltd holds exclusive UK agency rights with 15 shipyards across the Mediterranean, West and<br \/>\nSouthern Africa, the Middle East, China, Singapore, North America, Panama and South America.<br \/>\nSRS Ltd is led by Managing Director Roderick Wordie.<\/p>\n<p><strong>Q: What has been the impact of coronavirus on the ship repair industry?<br \/>\n<\/strong><br \/>\nA: In 2020, ship repair yards were entering into one of their busiest periods, with docks booked for<br \/>\nroutine class dockings and scrubber and ballast water treatment retrofits, with the Chinese ship repair<br \/>\nyard being the main beneficiary.<\/p>\n<p>However, the onset of coronavirus, the associated implications of 14-day quarantine, the repatriation<br \/>\nof workers and restriction of movement of workers into yards between borders have all had a serious<br \/>\nimpact on labour supply and the ability of ship repair yards to operate at capacity.<\/p>\n<p>Certain territories have been hit harder than others. Governments have issued legislation to restrict<br \/>\nthe movement of workers and several ship repairs yards have had to close temporarily, which has<br \/>\nimpacted the ability of owners to find a yard that is operative. As such, many ship owners and<br \/>\nmanagers are now applying to class and flag state for extension of their class docking date. For<br \/>\nthose yards that are still operative, the 14-day quarantine rule is blocking the ability of<br \/>\nsuperintendents and service technicians to attend scheduled dockings.<\/p>\n<p>However, the maritime sector is responsible for 90 per cent of movement of goods (International<br \/>\nChamber of Shipping) and the ship repair community is trying to adapt its operations to allow seaborn<br \/>\ntrade to continue.<\/p>\n<p>We have seen several owner operators with ships in drydock which require repair. Their<br \/>\nsuperintendents are working remotely from their vessels and are co-opting local superintendents in<br \/>\nthat territory and using third party contractor services and managing the project remotely.<br \/>\nThe question is, what will be the impact of delayed class extensions coinciding with planned class<br \/>\ndockings on ship repair capacity in six to 12 months\u2019 time? One would be thinking there will be a<br \/>\nsurge in demand for ship repair facilities. Several owners have recognised this conundrum and have<br \/>\nstarted planning and issuing their specifications now to ensure they secure dock space for their vessel<br \/>\nin the facility of choice with the most appropriate capabilities.<\/p>\n<p><strong>Q: When do you predict ship repair will return to normal?<br \/>\n<\/strong><br \/>\nA: We are seeing regions returning to some form of normality with facilities in China back at capacity.<br \/>\nInterestingly we are receiving daily enquiries for ship repair, voyage repair and dry dockings for bulk<br \/>\ncarriers, container vessels, product tankers and LPG vessels from superintendents who are looking to<br \/>\ndock in the next three to six months. This is promising for the world-wide ship repair industry.<\/p>\n<p>We are also receiving daily enquiries from owners, who due to the impact of coronavirus, have had<br \/>\nvessels returned from charter ahead of time. They are now looking to complete their routine<br \/>\nmaintenance as soon as possible so their vessels can be returned to charter unencumbered for the<br \/>\nnext two and half years.<\/p>\n<p>The reality is that it is going to take time for activity to return to normal \u2013 both in terms of ship repair<br \/>\nand workforce. We must all hope that the virus isn\u2019t going to re-emerge and that we will continue to<br \/>\nsee green shoots of recovery.[\/vc_column_text][stm_post_bottom][\/vc_column][vc_column width=&#8221;1\/4&#8243; offset=&#8221;vc_hidden-sm vc_hidden-xs&#8221;][stm_sidebar sidebar=&#8221;1447&#8243;][\/vc_column][\/vc_row]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>An update on the impact of Coronavirus on the shipping industry.<\/p>\n","protected":false},"author":2,"featured_media":2608,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[33],"tags":[],"_links":{"self":[{"href":"https:\/\/shiprepairers.co.uk\/international\/wp-json\/wp\/v2\/posts\/2606"}],"collection":[{"href":"https:\/\/shiprepairers.co.uk\/international\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/shiprepairers.co.uk\/international\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/shiprepairers.co.uk\/international\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/shiprepairers.co.uk\/international\/wp-json\/wp\/v2\/comments?post=2606"}],"version-history":[{"count":6,"href":"https:\/\/shiprepairers.co.uk\/international\/wp-json\/wp\/v2\/posts\/2606\/revisions"}],"predecessor-version":[{"id":2613,"href":"https:\/\/shiprepairers.co.uk\/international\/wp-json\/wp\/v2\/posts\/2606\/revisions\/2613"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/shiprepairers.co.uk\/international\/wp-json\/wp\/v2\/media\/2608"}],"wp:attachment":[{"href":"https:\/\/shiprepairers.co.uk\/international\/wp-json\/wp\/v2\/media?parent=2606"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/shiprepairers.co.uk\/international\/wp-json\/wp\/v2\/categories?post=2606"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/shiprepairers.co.uk\/international\/wp-json\/wp\/v2\/tags?post=2606"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}