Grandweld Shipyards Signs New Contract

Grandweld Shipyards announced a contract award to design, build and deliver two 21.3M service/crew boats for Kuwait Oil Tanker Company. Contract signing was held today November 29, 2011 at Grandweld Shipyards facilities in Al Jadaf, Dubai, and the contract was signed between Mr. Jamal Abki, Grandweld General Manager, and Mr. Faisal Ali, KOTC Deputy Managing Director. The 21.3M vessels will be powered via twin waterjet installation to ensure high speed and maneuvering capabilities which will be utilized by KOTC Marine Agency Branch to safely transport passengers and cargo to and from tankers calling Kuwaiti Oil Terminals. Delivery of the two vessels is scheduled in the last quarter of 2012.