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Market Strategy

Brunvoll is represented by agents in 28 countries in addition

to our head office in Molde. The development of our agent

network has been a conscious strategy for many years. Our

organizational structure brings us closer to our customers and

markets in both of our business areas: New Sales and

After-Sales service. This has been a clear success for our

business and is very important considering our stable high

export ratio.

A general levelling off in most markets and segments in 2014

influenced contracting of new orders, which is reflected in

our sales volumes. A weaker market also leads to tougher

competition, and we are fully focused on sharpening our

competitive edge further by offering our customers the best

products. After a period with an excellent market for several

years, especially in the oil and gas sector, we are now focusing

on targeted work with all our customer groups to increase our

global market share further.

With the growing trend towards combining several deliveries

into larger equipment packages, we have established strategic

market collaboration with the Finnish company Steerprop Ltd

and the Norwegian company Finnøy Gear and Propeller AS.

This enables us to deliver large packages in close cooperation,

where Brunvoll will deliver a common control system.

This strategic collaboration has given us a great deal of

positive feedback from the market. A flagship project we have

completed with Steerprop is our joint deliveries to «Ceona

Amazon» built by Lloyd Werft in Germany. Here, Brunvoll

delivered a comprehensive thruster system and Steerprop

delivered its azimuth propulsion thrusters. Collaboration with

Finnøy Gear & Propeller has resulted in the delivery of many

of our control systems for Finnøy’s own main propulsion

systems. At the same time, Finnøy Gear & Propeller has in-

cluded Brunvoll thrusters in its package deliveries to

shipyards in Turkey.

The most significant markets within New Sales in 2014 were:

China

Most deliveries to China consist of tunnel thruster systems for

various types of offshore vessel. We have seen positive

development in our market in China towards the end of 2014

and the beginning of 2015, including other types of vessels

than those that have been the trend during the past few years.

Germany

In this market, we mainly deliver to yachts and cruise ships.

For yachts, we often deliver ship sets consisting of LowNoise

Thruster Systems, and for cruise ships we deliver our largest

tunnel thruster systems, FU115.

USA

This is the largest single market for Brunvoll where we mainly

deliver to a variety of offshore vessels. Our deliveries consist

of tunnel thruster systems as well as some Retractable

Azimuth Thruster Systems.

Norway

The number of Platform Supply and Anchor Handling vessels

under construction in Norway was significantly reduced in

2014. However, we have had a high market share among our

loyal customers and yards, and we still regard Norway as a

very good market for Brunvoll.

Marketing Activities

2014 was a hectic year with a high level of travel activities.

Several joint customer visits have been conducted together

with Steerprop in Norway and in Brazil, where we have a

common agent. In cooperation with Finnøy Gear & Propeller,

we have launched initiatives aimed at the market in Singapore.

We have had strong participation in trade fairs, such as

Navalshore in Rio De Janeiro, NorFishing in Trondheim, ONS

in Stavanger, SMM in Hamburg, Shiptec China in Dalian,

INMEX China in Guangzhou and the Work Boat Show in

New Orleans.

HIGHLIGHTS

2014

Sales & Marketing

22

Annual Report 2014