ATLANTIC DRYDOCK

Mobile Yard Stays Busy With Offshore Work

Even before the September 11 terrorist attacks in New York City and Washington, D.C., the offshore market in the Gulf of Mexico had shown signs of weakening. However one shipyard - Atlantic Marine-Mobile - has reported a steady flow of work with the award of several, substantial offshore refurbishment contracts in recent months. The shipyard in Mobile has a long history with the offshore market, but it notes that 2001 has been particularly busy. Semi-submersible and jack-up rigs have occupied the Mobile, Alabama facility throughout 2001. The influx of offshore work includes the following. ENSCO International's jack-up rig ENSCO 68, arrived in Mobile in late March. The rig was in the yard for routine maintenance and class inspection, including the installation of a new top drive and upgraded drill floor to increase its drilling depth capacity. The job included about 85 tons of steel replacement, and the yard accomplished the work 10 days ahead of schedule. ENSCO 94 immediately followed, and was scheduled to leave the yard in early October. It was in the yard for drill floor modifications to allow for the installation of a new derrick in order to increase its drilling depth capacity, as well. On this job, 85 tons of steel renewal was required. Atwood Oceanics' semi-submersible Atwood Hunter entered the yard in June for a major upgrade. Hunter will have all new crew quarters - accommodating 120 people - installed, as well as a new 75-ton crane

Drydocks World Sets up New Group

Drydocks World, a subsidiary of Dubai World, has announced that it has successfully completed the setting up of a new group under its umbrella. Geoff Taylor, CEO of Drydocks World, said Drydocks World will monitor, control and set procedures in respect of finance, HR and other common functions in group companies. Those in the group at present include Drydocks World Dubai, which is an amalgamation of Dubai Drydocks and Jadaf, Drydocks World Singapore, formerly Pan United Marine

Malta Drydocks Gets New Leader

Malta last Wednesday appointed the head of Malta Shipbuilding as chairman of Malta Drydocks, pointing to closer cooperation between the two loss-making firms. The Department of Information said former banker John Cassar White, chairman of Malta Shipbuilding for almost two years, would also head Malta Drydocks from February. He will take over from Noel Zarb Adami. The new Malta Drydocks board will include former central bank governor Emanuel Ellul

Malta Drydocks Gets New Leader

Malta appointed the head of Malta Shipbuilding as chairman of Malta Drydocks, pointing to closer cooperation between the two loss-making firms. The Department of Information said former banker John Cassar White, chairman of Malta Shipbuilding for almost two years, would also head Malta Drydocks from February. He will take over from Noel Zarb Adami.

Malta Docks To Bid For U.S. Navy Work

Malta Drydocks last week signed an agreement with the United States Navy enabling it to bid for ship repair work on U.S. vessels but the opposition Labor Party said the deal violated the island's neutrality. Economic Services Minister Josef Bonnici said the agreement did not violate the constitution since the dockyard would only bid for work on auxiliary vessels, such as tankers. Repairs would not be carried out in military emergencies

Drydocks World – SE Asia Expansion

Sultan Ahmed Bin Sulayem, Chairman of Dubai World, one of world’s largest holding companies, visited the Nanindah and Graha shipyards last week, at Batam in Indonesia and Singapore, which are part of Drydocks World SE Asia, the recent addition to Drydocks World, the group’s global ship building, repair and conversion arm. The visit was part of an inspection and review tour to evaluate progress achieved by these shipyards and to study the prospects of expanding Drydocks World SE

Malta Drydocks Loses $7M Conversion Contract

Hebridean Island Cruises has pulled out of a $7 million conversion contract with Malta Drydocks and awarded it to a British yard instead, the Malta company said on Tuesday. Scotland-based Hebridean had already issued a letter of intent in favour of Malta Drydocks for the conversion of a modern ship into an old style classic cruise liner, the Malta firm said. Malta Drydocks did not reveal the name of the U.K. yard or the name of the cruise liner

Drydocks World Delivers Multi-purpose OCV

Drydocks World, the global maritime arm of Dubai World, announced the delivery of OSA Goliath, one of the world’s largest multi-purpose OCVs at its Drydocks World – Pertama yard on April 23. OSA Goliath is built for Coastline Maritime, a prominent Singapore-based group with a 30-year history of vessel ownership design, construction and operation. The vessel dimensions are 590.5 ft by 105 ft by 39.5 ft and 22,000 dwt

Drydocks World Dubai Wins SMEISA Award

Drydocks World - Dubai, the flagship ship repair, conversion and new building yard of Drydocks World has won the Ship Repair/Shipyard Award for the third time in a row at the 7th Seatrade Middle East and Indian Subcontinent Awards (SMEISA) 2009. The award was presented to Nawal Saigal, Managing Director, Drydocks World - Dubai, by Christopher Hayman, Chairman, Seatrade, at a gala ceremony in Dubai. Drydocks World – Dubai has been investing in state-of-the-art technology and

Drydocks World Confirms Restructuring Remains on Track

Following on from Drydocks World Dubai LLC and Drydocks World LLC (together the “Drydocks World - Dubai”) filing for Decree 57 on 1 April 2012, Drydocks World has confirmed that its restructuring remains on track for completion in Q3 2012. On 7 May, Drydocks World - Dubai adjourned its scheduled Directions Hearing to allow it and its syndicated facility lenders the additional short period of time required to finalise the complex suite of financial documentation necessary to