World News
Alfa Laval Marine Orders Fall
Orders for Alfa Laval AB's scrubbers and ballast water treatments fell in the third quarter of 2013 compared with Q2, something the company said was expected due to large one-time orders in the second quarter.
Year-over-year, orders in the Marine & Diesel division rose 6 percent to SEK 1.5 billion ($235 million) for the quarter, although net sales fell 13 percent to SEK 1.5 million ($235 million) and the number of employees in the division dropped to 2,949 from 3,458.
"The Marine & Diesel Equipment segment was down from the previous quarter, affected by a decline for the base business as well as for environmental solutions," the company said.
"The underlying trend is however still positive, following the continued growth in order intake to the yards and continued good interest in environmental products and applications."
The company said one bright spot in the quarter was a large diesel power order from the Middle East.
Alfa Laval has received scrubber orders from industry players including MAN Diesel & Turbo and DFDS this year.
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| VLSFO | MGO | |||
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| $/mt | +/- | $/mt | +/- | |
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| Global Average Bunker Price | 569.00 | 2.00 | 750.00 | 5.50 |
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