Marine Link
Friday, March 29, 2024
SUBSCRIBE

Tradearabia News Service News

11 Jul 2011

GMMOS Group Rebrands as Stanford Marine Group

UAE-based GMMOS Group has rebranded to Stanford Marine Group (SMG), according to a report on TradeArabia News Service. The group has two main divisions focused on the marine sector: Stanford Marine (OSV chartering) and Grandweld (shipbuilding and repair). Stanford Marine has recently taken delivery of several new OSVs, such as the three ultra-modern 58-metre DP1 platform supply vessels (PSVs) Condor, Osprey and Caracara - which are already chartered – and will be welcoming in its fleet further four new vessels this year, amongst which will be two 87-metre diesel electric DP2 PSVs with methanol carrying capacity. With a fleet utilization level in excess of 90 percent for its current 35-vessels strong fleet…

08 Nov 2010

Drydocks World Launches Jack-Up Vessel

According to a report from TradeArabia News Service, Drydocks World announced the launch of its self-contained jack-up construction vessel, Nora, at the company's Graha shipyard in Indonesia. The self-propelled vessel Nora was built for Master Marine ASA of Norway, said a statement from Drydocks World. (Source: TradeArabia News Service)

05 Feb 2007

Work begins on Asry upgrade

Construction work on the $20m Arab Shipbuilding and Repair Yard Co. (Asry) slipway project started yesterday. The contract for the project, to be completed by February 2008, was awarded to Ahmed Mansoor Al A'ali Company. The project, comprising two slipways, each with a dry berth length of 255 m, is designed to handle vessels of up to 15,000 dead weight (dwt). A company spokesman said this would enable Asry to free about 30 per cent capacity in its existing larger docks, which would then be able to receive larger vessels. He said the company was also planning to build a 1,000 m quay wall along its basin for the future alongside repairs. Source: TradeArabia News Service

08 Jan 2007

Euronav Chooses Hempasil for Crude Carriers

Euronav will apply Hempasil, Hempel's silicone fouling release system, to its two ultra-large crude carriers, the TI Asia and the TI Europe. The 1,246 ft. tankers, which have a deadweight tonnage of more than 440,000 tons, will drydock for maintenance and survey later this year. Hempel has worked closely with Euronav, an integrated tanker company which owns and manages a fleet of 36 crude oil tankers, to achieve this breakthrough, said a senior official. The Hempasil specification is guaranteed for five years and has a potential lifetime of a further five years. Hempasil is a silicone-based topcoat with outstanding adhesion properties thanks to Nexus tiecoat technology, which ensures a chemical bond between the epoxy anticorrosion layer and the silicone-based topcoat.

10 Jul 2006

GNH to Acquire New Tankers

According to reports, Gulf Navigation Holding (GNH), a shipping and marine services company, announced its Dh500 $136.1m acquisition of six double-hulled tankers. The deal reflects the company's determination to capitalize on the growth prospect in the sector as oil prices and charter rates hit new highs. GNH's acquisition of the six product tankers - Gulf Ahmadi, Gulf Riyad, Gulf Sieb, Gulf Safwa, Gulf Jash and Gulf Shagra - boosts the size of its burgeoning fleet to 18 wholly-owned vessels. The new acquisitions, which offer flexible capacity and can carry clean oil, products and ore, will be fully deployed on time charter. The vessels are 48,000 metric tones deadweight each and have liquid capacity of about 50,000 cubic meters.

19 Jun 2006

Asry Launch KOTC Service Boat

According to reports, Bahrain-based Arab Shipbuilding and Repair Yard Company (Asry) launched the first service boat built for the Kuwait Oil Tanker Company (KOTC). A $4m contract was signed between the two companies and the vessel is due to be ready by mid-August. The lowering ceremony was held at the Dry Dock jetty and was attended by Asry's acting chief executive Fawzi Al Gosaibi, KOTC's Marine Agency Branch manager Captain Emad Al Musaed and a number of senior officials from both companies. This new boat is considered to be the first of its kind to be built by Asry's shipyard and measures about 35 m by 9 m. Its principal role will be as a service boat delivering potable water, necessary spares and provisions to KOTC's fleet of tankers and other vessels.