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 Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter July 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Young Taken on PESA Advisory Board

Hoover Container Solutions’ chairman and CEO, Donald Young, has been nominated and elected to the Petroleum Equipment & Services Association (PESA) Advisory Board for a three-year term.

US Navy Tests Latest Aegis Weapon System

The U.S. Navy conducted a series of cooperative air defense test exercises with the Spanish navy that culminated in live missile firing events using the latest Aegis Weapon System baseline July 20-21.

Antwerp Port CEO Scoops Baron Title

After 25 years as CEO of Antwerp Port Authority, Eddy Bruyninckx has been raised to the nobility by H.M. the king of Belgium with the rank of baron. In Belgium

Shipbuilding

Shipbuilding: Good Practice in Welding Aluminum

Aluminum alloys have been used for many years in the shipbuilding industry. There are two characteristics that make them particular useful: their light weight and

Navig8 Acquires Chemical Tanker from STX

Navig8 Chemical Tankers Inc (the “Company”) (N-OTC: CHEMS), an international shipping company focused on the transportation of chemicals, today announced that it

Damen ASD Tug for Mexico

Damen congratulates Reylaver on the safe arrival and naming ceremony of the new ASD Tug 2411 Jesus. In order to reach her owners, the vessel undertook, on her own keel,

Offshore

MOL Signs Long-Term Charter with Uruguayan JV for FSRU

Japanese shipping company Mitsui O.S.K. Lines, has, through its wholly-owned subsidiary Lakler S.A., agreed to conclude a charter contract with Gas Sayago, for

Migrants Survivors Tell of Struggle at Sea

The bodies of 21 women and one man were brought ashore to Sicily on Friday as fellow migrants described scenes of panic and violence when water poured into their dinghy.

Three Keppel Dredgers for Jan De Nul

Keppel Offshore & Marine Ltd (Keppel O&M)'s wholly owned subsidiary Keppel Singmarine Pte Ltd (Keppel Singmarine) has secured contracts from Jan De Nul Group to

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Navigation Offshore Oil Pod Propulsion Port Authority Ship Electronics Ship Repair Ship Simulators 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: 4.6801 sec (0 req/sec)