GMMOS Group Rebrands as Stanford Marine Group

Monday, July 11, 2011

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, Stanford Marine remains in the forefront of marine operators in the GCC and Southeast Asia, a statement said. Grandweld recently secured three additional large ship-building contracts, raising its order-book backlog to a record $250 million.
This includes two 55-ton bollard pull tugs for Abu Dhabi Ports Company, two 57-metre work maintenance vessels for the Al Mojil Group (Saudi Arabia) and six 54-metre hybrid seismic support vessels (+2 option) for Bourbon. Grandweld is the first one throughout the region to build hybrid vessels, and Bourbon the first one to use such vessels, the statement said.
 

 – Source: TradeArabia News Service
 

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

People & Company News

Jet Edge Celebrates 30 Years in Waterjet Industry

Waterjet systems manufacturer Jet Edge, Inc. celebrated its 30th anniversary Sept. 3 with a special open house celebration. Jet Edge’s anniversary event included

TITAN Salvage Receives NAMEPA Award

The North American Marine Environment Protection Association (NAMEPA) announced earlier this month that Houston-based TITAN Salvage, a subsidiary of Crowley Maritime Corp.

MM&P Hopes to Pad Ranks with Brown Water Mariners

New York Harbor Tug Boat Captains and Crews, Staten Island Ferry Workers, Circle Line and Other Tourist Boat Crews Vote on Joining New Union Uniting with the International Organization of Masters,

Shipbuilding

Jet Edge Celebrates 30 Years in Waterjet Industry

Waterjet systems manufacturer Jet Edge, Inc. celebrated its 30th anniversary Sept. 3 with a special open house celebration. Jet Edge’s anniversary event included

Damen Delivers ASD Tug in Italy

RimorchiatoriRiunitiS.p.A. of Genoa (Italy) has taken delivery of a Damen ASD Tug 2411. The 70-metric-ton bollard pull azimuth stern drive tug will be temporarily deployed by Tug Malta Ltd.

NRC Program Targets Vessel Operating Costs, Safety

Canada’s NRC creating solutions for the growing Canadian shipbuilding, military vessels, marine commercial transportation and offshore resource industries As

Offshore

LQT Delivers Accommodation Facility and Helideck in Gulf of Mexico

LQT Industries , a full-service provider of accommodation facilities, design-build construction services, and support services to the oil and gas industry, has

Upcoming Expo 'Offshore Marintec Russia'

ExpoForum Convention and Exhibition Centre in St. Petersburg, October 7-10  will host the International Specialised Offshore Exhibition and Conference 'Offshore

RWE Dea Awarded Two New Concessions in Egypt

In the International Bid Round 2013, RWE Dea has been awarded two new offshore concessions with operatorship by the Egyptian General Petroleum Corporation (EGPC).

 
 
Maritime Contracts Maritime Security Maritime Standards Pipelines Port Authority Salvage Ship Repair Ship Simulators Shipbuilding / Vessel Construction 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: 0.1505 sec (7 req/sec)