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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 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.


Drydocks World – SE Asia Expansion

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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


Drydocks World Dubai Wins SMEISA Award

Photo courtesy Dubai World Media

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

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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


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 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


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

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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


Clarksons Dry Cargo Grows its Team in New York

Stefano Uddarelli

  Clarksons, the world's leading shipping services group, is delighted to announce that it has expanded its Dry Cargo team in New York with the recent appointment of Stefano Udarelli. Stefano has considerable experience in the US market, having worked there for seven years with SSY


Twin Disc Mid-Atlantic Hires Ricky White

Ricky White: Photo Mill Log

Mill Log Equipment Company DBA Twin Disc Mid-Atlantic informs it has hired Ricky White as the Territory Manager for the southern Mid-Atlantic States to include the state of North Carolina (less the Outer Banks), and South Carolina. Ricky will operate out of the full service Rock Hill


Edouard to be First Major 2014 Atlantic Hurricane

Edouard, a Category 2 hurricane, may become the first major hurricane of the 2014 Atlantic season by Monday night although it poses no threat to land, the National Hurricane Center said. The fourth hurricane and fifth named storm of the season had top sustained winds of nearly 105 mph (165


RRI Launch Marine Services J/V with a Trans-Atlantic Reach

Regional Reporting Inc. (RRI) and Global Risk Evaluations (GREvL) inform of the creation of a joint venture aimed at expanding their marine services offerings. The new company Marine Reporting International Ltd. (MRI) will combine the marine division of GREvL and RRI's UK subsidiary.


The Vigorous: Investing in the Future

Artists Depiction: The Vigorous is the largest floating drydock in the United States

The largest floating drydock in the United States, the Vigorous, has arrived at Vigor Industrial’s Portland shipyard. What’s happening? Vigor Industrial’s new floating drydock, the Vigorous, is headed towards Portland. See our news release for details of arrival.  


Drydocks World to Participate in SMM 2014

Khamis Juma Buamim Chairman Drydocks World and Maritime World

  Drydocks World, the leading provider of maritime and offshore services to the shipping, oil, gas, and energy sectors, will participate in the prestigious 26th edition of Shipbuilding, Machinery, and Marine Technology (SMM) Exhibition, from September 9-12, 2014


Gibdock Rreputation Rises in German Market

Richard Beards, Managing Director, Gibdock

Gibdock has continued to see its stock rise amongst the German shipowner community over the past year. Indeed the Gibraltar ship repair yard’s recent client list reads like a ‘Who’s Who’ of leading German shipowners and managers


Oil Inventories Higher, Crude Demand Lower: PIRA

Oil tanks: File image

NYC-based PIRA Energy Group reports that oil inventories are higher and crude demand is lower. In the U.S., stock surplus to last year is roughly flat. In Japan, crude stocks draw amid peak run rates. Specifically, PIRA’s analysis of the oil market fundamentals has revealed the following:


EMGS - Agreement with Statoil for the Norwegian Sea

3D EM data acquisition

  Electromagnetic Geoservices ASA (EMGS) has received a supplement agreement from Statoil Petroleum AS worth approximately USD 1.0 million for multi-client 3D EM data acquisition in the Norwegian Sea.   The Company expects to commence the survey shortly


W&O Supplies Actuated Valve Solution for Vigorous

Image: W&O

The marine industry watched as the United States’ largest floating drydock, the Vigorous, was delivered to its final home at Vigor Industrial’s Portland shipyard on the Willamette River in August. W&O is one of the partners that supported Vigor in this $40 million dollar project


Panama Canal Receives Third Shipment of Gates for Expansion

Photo: Panama Canal Authority

The third shipment of four gates for the new locks of the Panama Canal Expansion has arrived to the Atlantic entrance of the waterway, the Panama Canal Authority announced The four gates arrived Sunday on board the Post-Panamax vessel Xia Zhi Yuan 6 owned by COSCO Ocean Shipping


Vigor: Frank(ly) Speaking

“My personal philosophy is I have to do two things: make money and make a difference. If you are doing one or the other it’s not enough for me.”  Frank Foti, CEO and Owner, Vigor Industrial

Frank Foti of Vigor Industrial has steadily embarked on a consolidation of the Pacific Northwest ship construction and repair industry. Starting in Portland in 1995 with about 50 employees, the ubiquitous owner of Vigor has built his business today to more than 2


Need a Lift?

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Marine Travelift builds boat hoists, self-propelled transporters, and marine forklifts Not every ship repair facility has a drydock or marine railway.  But thanks to a Sturgeon Bay, Wis.-based company, shipbuilders and repair yards from small to large can get a real lift.


Brent Crude Hits 16-month Low Under US$99

HFO: File image

Brent crude dropped to a 16-month low under $99 per barrel on Wednesday, stretching its losses into a fifth session amid continued worries about rising supplies and weak global demand. While a larger-than-expected fall in weekly U.S. crude stocks kept a floor under oil prices


Trojan Marinex BWTS Selected for Damen PSVs

Image: Trojan Marinex

Trojan Marinex announced that Damen Shipyards have selected the Trojan Marinex Ballast Water Treatment (BWT) system for a fleet of Platform Supply Vessels (PSVs) it is building for Atlantic Towing Limited – a Canadian-owned marine transportation company.






 
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