Shipbuilding & Repair

Colombo Dockyard repairs longest vessels

Colombo Dockyard has handled its longest vessels to date, with the docking of the sister shipsSCI Chennaiand SCI Mumbai for the Shipping Corporation of India. The 262m long ships only just fit into the shipyard’s largest dry dock, which is 263m long, and their docking drew heavily on the planning expertise of the Colombo Dockyard Ship Repair team.

According to the yard, the docking of two sister vessels presented significant challenges due to their size. Colombo Dockyard conducted detailed...

https://www.themaritimestandard.com/colombo-dockyard-repairs-longest-vessels/

Gulf Islamic Investments and Logipoint create new logistics platform

Gulf Islamic Investments (GII) and Logipoint, a subsidiary of SISCO, have signed an agreement in Jeddah to create a joint venture for a logistics platform providing high quality warehousing solutions across the Kingdom of Saudi Arabia in a deal worth over US$300 million.

The GII-Logipoint joint venture will create new logistics infrastructure in key Saudi cities, starting in Riyadh and Jeddah, providing warehousing and handling facilities as the backbone of a multi-asset logistical network...

https://www.themaritimestandard.com/gulf-islamic-investments-and-logipoint-create-new-logistics-platform/

ASRY backing apprenticeship program

The Arab Shipbuilding and Repair Yard Company (ASRY) has signed a cooperation agreement with Bahrain Polytechnic with the aim of inaugurating an apprenticeship program supported by the Labor Fund Tamkeen. This is expected to provide local young people with in-demand skills by combining classroom study and practical training in various mechanical and electrical fields. The program will focus heavily on practical aspects, however, with 70% of students’ time allocated to on-the-job training, for a...

https://www.themaritimestandard.com/asry-backing-apprenticeship-programs/

Investment in new services and facilities at Drydocks World

Drydocks World has announced a series of significant enhancements to the operational capabilities of its Propeller Repair Services division in Dubai, which is equipped to handle both in-situ repairs for minor damages directly on the vessel without removing the propeller and more extensive repairs within its workshop, which includes a dedicated area and pit for propeller work. 

The provision of nickel aluminium bronze alloys for the fabrication of missing parts and a comprehensive range of repair...

https://www.themaritimestandard.com/investment-in-new-services-and-facilities-at-drydocks-world/

KOTC awards ASRY tanker contract

Bahrain shipyard, Arab Shipbuilding and Repair Yard Company (ASRY) has won a regional tender launched by the Kuwait Oil Tanker Company (KOTC) to carry out docking and maintenance work for six large oil tankers. ASRY secured the drydocking contract in competition with “a group of well-respected ship repair companies.”

ASRY says its success in securing this prestigious project is a testament to its “long-standing experience, competitive offerings, and high-quality services that distinguishes...

https://www.themaritimestandard.com/kotc-awards-asry-tanker-contract/

Drydocks World starts wind platform project

Drydocks World recently hosted a steel cutting ceremony at its Dubai shipyard to mark the official start of work on the UK Norfolk Vanguard Offshore Wind Platforms project. The event was attended by representatives of the joint venture partner for the project, Aker Solutions, the joint contractor, Siemens Energy, as well as the developer and owner of the Norfolk offshore wind projects, RWE. 

Major fabrication work will be conducted at Drydocks World’s yard throughout the year on the Norfolk...

https://www.themaritimestandard.com/drydocks-world-starts-wind-platform-project/

Drydocks results boost for DP World

DP World Limited has announced a “resilient” set of financial results for the year ended 31st December 2023. On a reported basis, revenue grew by 6.6% to US $18,250 million and profitability on a EBITDA basis rose by 1.9% to US$5,108 million.

The figures benefited from an especially strong contribution by Drydocks World, where revenues were up by $0.4 billion, and the full year benefit of the Imperial Logistics acquisition, which generated an additional US$0.9 billion revenue stream.

Capital...

https://www.themaritimestandard.com/drydocks-results-boost-for-dp-world/

Fincantieri and Alexandria Shipyard sign MOU

Italian shipbuilder Fincantieri and the Alexandria Shipyard in Egypt recently signed a Memorandum of Understanding in Doha. This will mainly focus on investigating new opportunities for vessels to be built by the Alexandria Shipyard for the Egyptian Navy or other potential customers.

The Alexandria Shipyard has a long track record in the field of military and commercial shipbuilding, for example building corvettes for the Egyptian Navy. It has also built various multipurpose vessels, offshore...

https://www.themaritimestandard.com/fincantieri-and-alexandria-shipyard-sign-mou/

N-KOM rebranded in line with strategic vision

Qatar-based offshore and marine repair facility, N-KOM, is being rebranded as Qatar Shipyard Technology Solutions. According to the company, the rebranding marks a significant milestone in the company’s history and reflects its aim of delivering sustainable marine and offshore technological solutions while emphasising the importance of its geographical location in the State of Qatar.

Qatar Shipyard Technology Solutions has worked on many of the largest and most complex ships in terms of...

https://www.themaritimestandard.com/n-kom-rebranded-in-line-with-strategic-vision/

Sri Lanka Shipping Company orders two Damen tugs

Sri Lanka Shipping Company, a subsidiary of Advantis Group, and Damen Shipyards have signed a contract for the delivery of two new ASD Tug 2312 tugboats. This is the first time that the two organisations have done business together, and the vessels are already being built at Damen’s Song Cam Shipyard in Vietnam.

The vessels will be delivered in mid-2024 and will join the company’s existing three anchor handling tugs and harbour tugs and will represent a significant increase in capability. They...

https://www.themaritimestandard.com/sri-lanka-shipping-company-orders-two-damen-tugs/

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