Oman Dry-dock Growth Prospects Good

Oman Daily Observer
Tuesday, April 24, 2012

Oman Dry-Dock Co eyes $20 million annual revenue by year 2020

Oman Dry-Dock Co (ODC), which owns and manages the Sultanate's newly operational ship repair yard at Duqm, has said it is eyeing annual revenues of around $200 million by the year 2020, Oman Daily Observer has reported.

Over the past 12 months, the yard had successfully dry-docked, repaired and maintained a total of 76 ships across all classification types and sizes. The yard's two huge graving docks can accommodate the world's largest vessels of up to 600,000 dwt, and as many as 10 ships of different sizes can be repaired at once at the two docks.
 

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

People & Company News

IMO’s Sekimizu Condemns People Smugglers

Prompted by recent incidents in which hundreds of migrants attempting to cross the Mediterranean to Europe have lost their lives, including dozens found dead in

Glosten Acquires Noise Control Engineering

Seattle-based naval architecture and marine engineering consultancy Glosten, Inc. has acquired Noise Control Engineering LLC (NCE), a consulting firm specializing in ship noise and vibration control.

Total Lubmarine Resumes Full Service in Tianjin

Marine lubricants and greases provider Total Lubmarine informs it has resumed all services based out of the Port of Tianjin following the deadly explosions that rocked the port August 12.

Ship Repair & Conversion

China’s Shipyards Face Tough Times

As the shipping market continues its prolonged downturn five shipyards have filed for bankruptcy this year, reports SCMP.   China's leading private shipyards

Ferguson to Build Two CalMac Ferries

Scottish minister Nicola Sturgeon have named Ferguson shipyard as the preferred bidder for a £97 million contract for the biggest new ferries on the Clyde since

Private Ship Repair Moves Dry Dock Timelines

A delay in private repairs to the hospital ship Africa Mercy has caused a two-and-a-half week adjustment of timelines for Transnet National Ports Authority’s R30

News

Glosten Acquires Noise Control Engineering

Seattle-based naval architecture and marine engineering consultancy Glosten, Inc. has acquired Noise Control Engineering LLC (NCE), a consulting firm specializing in ship noise and vibration control.

Brent Crude Falls More than 7 Percent

Brent crude futures tumbled more than 7 percent on Tuesday, falling back below $50 a barrel as data highlighting China's contracting manufacturing sector revived

Gunvor Emerges as Winner in Rosneft's Jumbo Oil Tender

Trading house Gunvor, which has been selling assets in Russia, has again emerged as the winner of a semi-annual Rosneft tender, traders said on Tuesday.   They said Gunvor would lift from 200,

Middle East

Oil Exports Could Push US Gasoline Prices Lower

The price of U.S. gasoline could fall if Washington were to allow crude oil exports, an independent government report on Tuesday concluded, adding political firepower

First Damen Twin Axe Workboat for Middle East

Damen Shipyards Group has delivered a Damen Fast Crew Supplier (FCS) 2610 workboat, named AOS SWIFT for the Atlantic Maritime Group on 20 August 2015. This is

Oman Drydock Company Expands Rapidly

Oman Drydock Company (ODC) is growing fast. In January, the yard hit an important milestone - its 300th drydocking. Harnessing the power of its new $1.8 billion, 1.

 
 
Maritime Contracts Maritime Security Maritime Standards Naval Architecture Navigation Offshore Oil Pod Propulsion Port Authority Salvage Ship Repair
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: 0.1728 sec (6 req/sec)