Dormac's Deal Revives South African Shipbuilding

Tuesday, November 07, 2006
There was excitement at Dormac recently when the keel-laying ceremony for a new $8.2m oil bunker barge commissioned by Smit Amandla Marine signaled the revival of the shipbuilding industry in South Africa. Dormac's empowerment partner, Palisa Investments, owns 25.5 percent in the company, according to a report on www.busrep.co.za. Pim Zandee, the former chief executive of Smit Amandla, said the specialist marine services company, which is the biggest oil bunker supplier in the Durban harbor, chose Dormac to build the bunker barge as it wanted to prove that the work could be done in South Africa. The barge is due for delivery in September or October next year. Dormac was established in 1967 as Dorbyl Marine and built 107 ships until 1994, employing 1,800 workers. With the change of government, it lost the export incentive it had depended on to be competitive and had to renege on seven orders because it was no longer internationally competitive. (Source: www.busrep.co.za)
Maritime Reporter June 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Shipbuilding

Technip Samsung JV Wins 2 FLNG Project Contracts

The Browse project covers the realization and installation of three FLNG units to develop the Brecknock, Calliance and Torosa fields in the Browse Basin, 425 kilometers North of Broome,

Carlyle Group Acquires LMC

Global alternative asset manager The Carlyle Group today announced the acquisition of Lauderdale Marine Center (LMC), the nation's largest yacht repair facility

Saab Bags $1 bln Order for Swedish Submarines

The Swedish Defence Materiel Administration (FMV) has awarded contracts worth Skr8.6bn ($1.03bn) to Saab AB for the construction of two new Type A26 submarines

Offshore

Technip Samsung JV Wins 2 FLNG Project Contracts

The Browse project covers the realization and installation of three FLNG units to develop the Brecknock, Calliance and Torosa fields in the Browse Basin, 425 kilometers North of Broome,

Fjords Processing Bags Johan Sverdrup Contracts

Fjords Processing, headquartered in Norway (Fornebu), has won three contracts for the deliveries of process systems for the Johan Sverdrup development in the North Sea.

Ocean Safety, Richard Irvin Marine Safety Merger

Ocean Safety has today announced the merger with Richard Irvin Energy Solutions Marine Safety Division and their Aberdeen branch.   This merger follows the

 
 
Maritime Security Maritime Standards Pipelines Pod Propulsion Salvage Ship Electronics Ship Repair Ship Simulators Shipbuilding / Vessel Construction 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: 0.1468 sec (7 req/sec)