Palumbo Shipyard handles more than 500 ships in two years – CEO

Palumbo Malta Shipyard has repaired or serviced more than 500 ships in the two years since it was taken over by the eponymous Neapolitan family, chief executive Antonio Palumbo told The Times Business this week. Clients have so far hailed from Germany, the Netherlands, Greece, Italy, Turkey and even Venezuela, but with the yard formally obtaining ISO 9001 certification in the last few days, it is now even more competitive and able to bid for important jobs internationally. Clients will see improved service levels, with faster turnaround times and even more detailed documentation, Mr Palumbo said. “We have managed to bring more than 500 ships to the yard during an international crisis thanks to our commitment not only to the operation but also to the Maltese economy,” Mr Palumbo said. “The economic activity around each job sometimes surpasses the revenue directed to the yard. Do not forget that we are in start-up phase here. It has been an uphill struggle, but we are satisfied, and my son and I are committed to marketing the business personally. We will continue our strategy to build relationships with clients.” Mr Palumbo pointed out the yard’s major current competitor is Turkey...