Oman Drydock Announces Strongest Year of Trading

MarineLink.com
Monday, January 13, 2014
Oman Drydock ariel view

The Oman Drydock Company (ODC), one of the Middle East’s newest and biggest shipyards, is announcing its strongest year of trading.

The shipyard undertook 75 drydockings and repairs in 2013 taking the total number to 190 since the yard which was opened in Duqm in Central Oman in 2011. ODC also saw staff numbers increase to more than 2,000 in 2013. The vessels ODC has worked on include Very Large Crude Carriers (VLCCs), crude oil tankers, container ships, LNG and LPG carriers, chemical carriers, bulk carriers, as well as dredgers, RO-ROs and barges.  Clients include Dynacom Ship Management, NYK, MSC and Exmar Ship Management, Gulf Marine, the Shipping Corporation of India and Pacific International Lines.

ODC marketing director Johnny Woo said key jobs undertaken included the drydocking and repairs of two crude oil tankers the Karachi, operated by Pakistan National Shipping and the D & K-1 operated by Synergy Maritime.

ODC further undertook work on the MT Gladiator, the first ship from Dynacom Ship Management. As a result ODC now has the ability to work for Dynacom on its other ships including the MT Shanghai, MT Smyrni, MT Eliza and MT Beijing.

“In 2013 we saw ODC continue to establish itself as one of the main ship repair and conversion locations in the Middle East,” he said. “Our focus moving forward will be to win more business from existing and new customers operating carriers, tankers and container ships. We see real potential for growth particularly in becoming a centre of excellence for the repair of LNG carriers (LNGC). As a result we will be ramping up the promotion of our services, which are among the most advanced in the world. This includes offering customers the in depth technical support we receive from our partner Daewoo Shipbuilding and Marine Engineering Company Ltd (DSME) and its subsidiary DSEC.  2014 will see DSEC forge a closer partnership with ODC to provide specialist LNGC repair technology. This will cover areas such as cargo containment systems and the supply chain of various materials such as INVAR, insulation boxes, membranes, prefabricated panels and cryogenic safety valves. Meanwhile, we are also investing in new facilities including renovating our  cryogenic shop so it can cater to repairing up to four LNGCs at any one time.”

“Our expansion into LNGC will further be strengthened by our new license to support the French engineering firm Gaztransport & Technigaz (GTT) which specialises in cargo containment systems for high-end liquefied natural gas carriers. “

Woo also said ODC saw major growth opportunities in the off shore market. “ODC can provide repair and conversion services to jack up drilling rigs, drill ships and FPSOs,” he said. “We also offer a range of engineering, testing and trial services for offshore projects including the construction of offshore accommodation barges, offshore jackets and platforms as well as top-side modules and sub-sea pipeline manifolds.”

Woo added that ODC’s partnership with South Korean based DSME, one of the world’s biggest shipbuilders, is especially important to the shipyard’s ongoing success. “Our partnership with DSME gives us tremendous experience and technical expertise as it provides 30 highly experienced senior managers, including our CEO Yong Duk Park, to help run the shipyard,” he said. “We believe we offer a formidable package. We have fantastic facilities, a motivated workforce with a broad range of skills and we have a management team with tremendous knowledge of the sector.   We are further committed to the  highest standards of health and safety in accordance with international standards ensuring the safety of everyone at the shipyard.

Maritime Reporter September 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

U.S. Drillers Cut Rigs to Lowest since August

Energy companies have reduced the number of rigs drilling for oil in the United States to the lowest since August, shifting more rigs in favor of natural gas as crude prices dive,

Equinox Class Scrubber Systems Receive Certification

Algoma Central Corporation (“Algoma”), the largest Canadian shipowner and operator of domestic Great Lakes vessels announces that it has received all requisite

MARAD Tests Alternative Power for Ships

The Maritime Administration (MARAD) is testing state-of-the-art, environmentally efficient technology onboard the Training Ship (TS) Kennedy.   The National Defense

Shipbuilding

Equinox Class Scrubber Systems Receive Certification

Algoma Central Corporation (“Algoma”), the largest Canadian shipowner and operator of domestic Great Lakes vessels announces that it has received all requisite

Arctic Oil: Bourbon to Enter Arctic Market in 2016

Bourbon plans to enter the growing Arctic Offshore market in 2016 with a new Anchor Handling Tug Supply (AHTS) vessel built by the Vard shipyard. This AHTS (Anchor

Mitsubishi Exits Cruise Business; Books $357m Loss

Mitsubishi Heavy Industries, Ltd. (MHI) announced its decision to book an extraordinary loss from its cruise ship business in the company's consolidated financial

Ship Repair & Conversion

Equinox Class Scrubber Systems Receive Certification

Algoma Central Corporation (“Algoma”), the largest Canadian shipowner and operator of domestic Great Lakes vessels announces that it has received all requisite

GAC Starts Hull Cleaning Op'ns in Oman

GAC EnvironHull hull cleaning operations using the brush-and-diver-free HullWiper system starting at the port of Sohar, just outside the Gulf of Hormuz. This

Braemar Hosts Insurance Experts

Braemar (incorporating The Salvage Association) welcomed an invited group of marine insurance professionals onto its specialist port and shipyard familiarization

Tanker Trends

DNV GL Approvals for SAACKE Scrubbers

Classification increases planning certainty for exhaust gas scrubber operators.   The classification society DNV GL has certified the SAACKE exhaust gas scrubber

China to Import 335 MT of Naphtha, Wants More

China is set to import more than 335,000 tonnes of naphtha and diesel, rare moves for the world's no. 2 oil consumer given it has been self-sufficient at meeting domestic oil product demand,

Total CEO: EU Must Fight US Crude Export Law

First major public appearance of new Total head; he challenges European politicians to fight US ban. The new head of French energy major Total challenged Europe to fight Washington over the U.

Bulk Carrier Trends

Equinox Class Scrubber Systems Receive Certification

Algoma Central Corporation (“Algoma”), the largest Canadian shipowner and operator of domestic Great Lakes vessels announces that it has received all requisite

Bulker Arrives to US on Her Maiden Voyage

The Port of Vancouver USA welcomed the Kypros Unity, commanded by Capt. Wilfredo F. Itable of Cyprus, on her maiden voyage Oct. 28. Capt. Itable and his 20-member

Vale CEO: Coal Deal Soon

Brazilian mining company Vale SA is close to making a "strategic" announcement concerning its coal unit, the company's chief executive Murilio Ferreira said on

Finance

Italy Ending Med Sea Rescues

Rights groups warn of risk of more deaths; EU mission Triton will have more limited scope. Italy said on Friday it would close a sea rescue mission that has saved the lives of more than 100,

St. Lawrence Seaway Workers Extend Strike Deadline

The union that represents workers on the St. Lawrence Seaway, the waterway that links the Great Lakes and the Atlantic Ocean, has extended a strike deadline to Monday at 5 p.

Mitsubishi Exits Cruise Business; Books $357m Loss

Mitsubishi Heavy Industries, Ltd. (MHI) announced its decision to book an extraordinary loss from its cruise ship business in the company's consolidated financial

Container Ships

Asia-Euro Box Rates Jump 88 pct

Shipping freight rates for transporting containers from ports in Asia to Northern Europe jumped 88.2 percent to $1,312 per 20-foot container (TEU) in the week ended on Friday,

Seaspan Receives 5th 10K TEU Boxship

Seaspan Corporation announced yesterday that it accepted delivery of a 10000 TEU containership, the MOL Brightness.   The new containership, which was constructed

CMA CGM to Retrofit 10 More Bulbous Bows

The CMA CGM Group said it will retrofit 10 of its vessels’ bulbous bows to achieve improved energy efficiency for slow steaming. The modifications are in addition

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Offshore Oil Pipelines Port Authority Salvage Ship Repair Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.3108 sec (3 req/sec)