Pact Signed for Drydock Project

Monday, September 25, 2006
Ahmed bin Abdulnabi Macki, minister of finance and national economy and deputy chairman of the Financial Affairs and Energy Resources Council, signed on behalf of the Sultanate's government while Nam San-tae, Daewoo chief executive officer and president, signed on behalf of his company.

As per the 10-year agreement, Daewoo Shipbuilding and Marine Engineering Co. Ltd, will provide administrative and technical support, transfer of modern technology used for ship repairing and maintenance of the dockyard project in Duqum. During its management of the project, the Korean company will prepare a work plan on marketing the services of the dry dock yard in Duqum to various international shipping companies, training and qualifications of Omani national cadres working in various professions of speciality at the ship repairing and maintenance of dry dockyard in the wilayat of Duqum. Macki said the dry dockyard project is one of the important strategic projects that may contribute to a new financial source of income in the Sultanate. In a statement to ONA, Macki said the project's feasibility study reflects the significance of the project's location in serving international shipping, considering Duqum ports proximity to the busy regional sea-lanes traversing Oman's coastal waters.

Macki said the Sultanate's government would invite a number of international firms for public tender. He said construction of the ship Dry Dock project would commence in the first quarter of 2007. He said in designing of the new Dockyard, future expansion of the project and possibility of providing ship-manufacturing services had been considered. The project is located at Ras A'duqum. It comprises construction of two docks and one floating dock to repair and maintain oil and gas tankers of 100,000-tonne capacity. For this purpose, the government recently established a company called Oman Dry Dock Company. Daewoo Shipbuilding and Marine Engineering Co. Ltd. had prepared the detailed study and engineering designing of the project's implementation stages. Daewoo is the second company in the world in ship-building, repair and maintenance. Source: Times of Oman

Maritime Reporter April 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Long Beach Picketers Not Striking -Port CEO

Port of Long Beach CEO Jon Slangerup issued a statement addressing the status of picketing truckers at the harbor, pointing out that the demonstration is not a strike.

E-Procurement Streamlined via the Cloud

Marine Procurement Solutions (MPS) has built an electronic platform that aims to enhance the purchasing cycle for the maritime industry. MPS provides software,

Cashman Continues to Expand US Northeast Barge Fleet

Cashman Equipment Corp. announced the continuing expansion of its U.S. Northeast barge and crane fleet for the marine construction market.   Over the past year,

Contracts

GEA UV Ballast Water Treatment

Earlier this year GEA won the first contract for equipping cruise liners with its UV ballast water treatment system, BallastMaster marineX, powered by Trojan Marinex.

Horizon Delivers Second 80’ Towboat to FMT

Horizon Shipbuilding, Inc. announced the delivery of another 80’ Inland River Towboat, the M/V Chip Stiebing, to Florida Marine Transporters (FMT) of Mandeville, La.

SFL Acquires Eight Bulk Carriers from Golden Ocean

Ship Finance International Limited (SFL) has entered an agreement to acquire eight Capesize dry-bulk carriers from subsidiaries of Golden Ocean Group Limited, the company announced today.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Navigation Offshore Oil Salvage Ship Repair Ship Simulators Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | 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: 0.1693 sec (6 req/sec)