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

People & Company News

W&O, LESER Partner to Deliver Safety Relief Valves

W&O, a global supplier to the marine and upstream oil and gas markets for pipe, valves and fittings, valve automation and engineered solutions, has partnered with

Fednav Celebrates Anniversary Trio in Cleveland

Fednav Limited held a reception on board one of its vessels, the Federal Mayumi, at the Port of Cleveland yesterday to celebrate a trio of anniversaries: the 70th

Karl Senner Inks Distribution Deal with Electronic Power Design

Karl Senner, LLC (KS) has reached a new strategic representation agreement with Electronic Power Design (EPD). Karl Senner, LLC now represents EPD in the United States marine and offshore Markets.

Contracts

Diana Extends Containership Time Charters

Diana Containerships Inc. announced direct continuation of time charter agreements for m/v Cap Domingo and m/v Cap Doukato   Diana Containerships Inc., a global

BMT Supports Samalaju Port Development

BMT subsidiaries in the Asia-Pacific region have been awarded a contract to provide design expertise for an advanced bulk-material handling system for the emerging port of Samalaju in East Malaysia.

EU: Ships Will Measure CO2 Emissions

Shippers to begin monitoring from 2018; Environmental groups say law is weak, shippers favorable. The shipping sector will for the first time have to monitor

 
 
Maritime Contracts Maritime Standards Naval Architecture Navigation Offshore Oil Pipelines Ship Electronics Ship Repair Ship Simulators Sonar
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: 0.1801 sec (6 req/sec)