ODC Awarded GTT License for LNG Market

By Michelle Howard
Wednesday, June 04, 2014
Photo courtesy of ODC

Oman Drydock Company (ODC) said it has made a “giant leap” forward in its campaign to become one of the leading shipyards in the world for LNG repairs after it was formally awarded the \ Gaztransport & Technigaz (GTT) license at the Posidonia Shipping Trade Fair in Athens, Greece.

ODC chairman Dr. Abdulmalik Al Hinai was joined by GTT CEO Phillippe Berterottiere at the ODC stand to make the announcement. Berterottiere said it is highly important that ODC is able to put into place a solid quality system as a centre for LNG expertise.

“Oman has an important LNG fleet and its geographical position thrusts it to the forefront of the international LNG market,” he said. “It is close to shipping routes for the Gulf and Asia.  GTT has been very impressed by ODC’s commitment to standards right through its workforce, management and control systems.  We also saw evidence of ODC’s determination to continue to improve into the future, which is vital to us. The GTT technology is advanced and ODC had to reach a technically very high level to secure this license. We are delighted to make the award and look forward to working with the ODC team in the years ahead.”

Dr. Abdulmalik said ODC has worked enormously hard to earn the GTT license.

“We are deeply committed to providing the highest possible standards of repair work in the LNG sector,” he said. “The GTT license will strengthen our offering for cargo containment systems for high-end LNG carriers. More widely the GTT license is proof of our intent and our seriousness to grow and diversify into the LNG market. Only last month we announced further strengthening of our LNG services with the launch of a new venture with our partner DSME. Woking with its subsidiary DSEC we have developed one of the most advanced LNG repair packages in the world.  Our new LNG services will cover key areas such as 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.”

ODC is one of the newest and biggest shipyards in the world and is based in Duqm (see notes to editors) Oman's planned new ports and logistics mega city. Following a soft opening in 2011 the $1.5bn shipyard, which is 1.3m sq meters in size, has drydocked more than 230 vessels.

Dr. Abdulmalik said the Greek shipping market is of vital importance to ODC. “ODC has already delivered repairs for more than 50 Greek owned or operated ships,” he said.  “We have an important relationship with Dynacom Ship Management helping drydock a number of its vessels including VLCCs. We are further proud to repair the Astro Polaris owned by Maran Tankers which we delivered a day ahead of schedule.”

Dr. Abdulmalik said ODC will be looking to increase awareness of its world class facilities and workforce at Posidonia. “We have worked enormously hard to develop a robust track record working on a wide variety of ships from Very Large Crude Carriers (VLCCs) to container ships to LNG and LPG carriers to chemical carriers dredgers, RO-ROs and barges," he said. "We can now show the shipping industry we not only have world class facilities, which include our massive dry docks which can accommodate any size of vessel, but we have the experience too.”
 


People & Company News

STX to Slash Jobs, Sell Yard

To stat above water by restructuring, South Korean Shipbuilder STX Offshore & Shipbuilding Co. plans to lay off about a third of its workforce and sell a yard in France, says a report in WSJ.

Kongsberg Performs Well in Q2

Norwegian defence and marine technology company Kongsberg Gruppen's second quarter 2016 (Q2) financial results shows sales performance broadly in line with recent trends,

Rickmers Holding, E.R. Capital Drop Merger Plan

Rickmers Holding AG and E.R. Capital Holding have jointly decided not to pursue the merger of their ship management activities.   For many years the companies

Shipbuilding

Keppel to Deliver First North Sea FPSO

Keppel Offshore & Marine (Keppel O&M)'s wholly-owned subsidiary Keppel Shipyard Ltd (Keppel Shipyard) is on track to deliver a Floating Production Storage and Offloading

STX to Slash Jobs, Sell Yard

To stat above water by restructuring, South Korean Shipbuilder STX Offshore & Shipbuilding Co. plans to lay off about a third of its workforce and sell a yard in France, says a report in WSJ.

Michelle Obama Sponsors Attack Submarine

General Dynamics Electric Boat has delivered to the U.S. Navy an attack submarine that is sponsored by first lady Michelle Obama and will be named for her home state, reports AP.

Ship Repair & Conversion

MN100: Conrad Shipyard

The Company: Conrad Shipyard was established in 1948 and is headquartered in Morgan City, Louisiana. The company designs, builds and overhauls tugboats, ferries,

MN100: TPG Marine Enterprises, LLC

The Company: TPG Marine Enterprises, LLC is an operations, logistics and consulting company that specializes in all aspects of cargo movement on the Inland Waterways System.

Wärtsilä Re-gasification system for Norwegian Ship Conversion

Wärtsilä has been contracted to supply the re-gasification system for an FSRU (Floating, Storage, Re-gasification Unit) conversion project that Höegh LNG plans to carry out on a modern LNG vessel.

Ports

Indian Warships Visit Port Victoria

In a demonstration of India’s commitment to its ties with Seychelles and maritime security in the Indian Ocean Region, Indian Naval Ships Kolkata, Trikand and

Vitol's Malaysia Terminal Suspends Ops after Spill

VTTI, the storage unit of world's largest oil trader Vitol, has suspended operations at its terminal in southern Malaysia following an oil spill, two industry sources said on Friday.

Shenzhen Port to Adopt China ECA Regulation

China's Shenzhen port is set to to adopt requirements for ships at berth requiring to burn marine fuel with sulfur content not exceeding 0.5 percent starting October this year,

Energy

Keppel to Deliver First North Sea FPSO

Keppel Offshore & Marine (Keppel O&M)'s wholly-owned subsidiary Keppel Shipyard Ltd (Keppel Shipyard) is on track to deliver a Floating Production Storage and Offloading

BP, ExxonMobil, ConocoPhillips 'Quit' Alaska LNG Project

BP, Conoco Phillips, and Exxon Mobil said that the 65-billion dollar megaproject would be too unprofitable for them to move into the next phase of development.

ABS Makes it Safer to ‘Walk to Work’

ABS announced the publication of The ABS Guide for Certification of Offshore Access Gangways. The new Guide addresses certification for safety systems used for “walk to work” (W2W) crew transfers.

LNG

BP, ExxonMobil, ConocoPhillips 'Quit' Alaska LNG Project

BP, Conoco Phillips, and Exxon Mobil said that the 65-billion dollar megaproject would be too unprofitable for them to move into the next phase of development.

Viking Grace Marks 1,000 LNG Bunkering Milestone

From the very beginning, the M/S Viking Grace – delivered in January 2013 – was an environmental milestone.   The vessel attracted global attention as an environmental

Hoegh LNG Profits Dip

Norway-based owner and operator of floating LNG import terminals, Höegh LNG  reported a second quarter profit after tax of US$3.5 million, down from $6.3 million in the first quarter 2016.

News

Coast Guard Foundation Awarded 128 Scholarships

The Coast Guard Foundation, a non-profit organization committed to the education and welfare of all Coast Guard members and their families, announced today that

Keppel to Deliver First North Sea FPSO

Keppel Offshore & Marine (Keppel O&M)'s wholly-owned subsidiary Keppel Shipyard Ltd (Keppel Shipyard) is on track to deliver a Floating Production Storage and Offloading

NASA May Send Submarine to Titan

NASA has unveiled plans to send a submarine into the depths of the largest ocean of Saturn's biggest moon, Titan in a bid to explore the depths of its largest ocean.

 
 
Maritime Contracts Offshore Oil Pod Propulsion Port Authority Salvage Ship Electronics Ship Repair Ship Simulators Shipbuilding / Vessel Construction Sonar
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: 0.1708 sec (6 req/sec)