“Cautious Optimism” for Goltens Dubai
The global downturn in offshore energy is well recorded, a downturn which has had impact on various arms of the energy and marine supply chain. While Goltens has felt the downturn like many other companies, it is reporting 'cautious optimism' in the Middle East premised on new international regulation and the need for shipowners to upgrade ships.Almost all the offshore vessels in Dubai are operating, and many have come in from Asia to do the same, but following the offshore crash in 2016, operators are delaying maintenance.
Med Tier III Harbor Tug Powered by MAN
MAN Energy Solutions won the contract to supply the engines for a new harbor tug in Spain, unique in that it is reportedly the first IMO Tier III compliant tug operating in the Mediterranean.P&O Reyser will operate the 27-m, 75T bollard-pull-rated Asymmetric Tractor Tug (ATT) in the Port of Barcelona, which is expected to enter service from mid-2020.The tug will feature 2 × MAN 12V175D MM, IMO Tier III engines, each rated at 2,220 kWm. The engines will be connected to FPP azimuth thrusters for propulsion…
Aoka Mizu FPSO Needs Extra Repairs
The floating production storage and offloading (FPSO) unit Aoka Mizu's planned stop in Algeciras, Spain will be extended for additional repair work, said U.K. based Hurricane Energy.The FPSO, which will be used at Hurricane's Early Production System development of the Lancaster field west of Shetland, is in Algeciras for planned personnel changes, bunkering and other commissioning activities. The stopover will be extended to repair an auxiliary system associated with power generation…
Drydocks World Completes FPSO Upgrade, Turret Mooring Project
Drydocks World has recently completed two projects for Bluewater Energy Services B.V. and end client Hurricane Energy plc.The projects included the refurbishment, life extension and upgrade of the FPSO Aoka Mizu vessel, and the construction of a Turret Buoy weighing over 1,000T. In addition to the complex buoy construction project, Drydocks World teams fabricated and installed over 1,000T of structural steel, 1,800 pipe spools (including Duplex), and 55km of cables on the FPSO.The FPSO Aoka Mizu will be deployed on the Lancaster field…
Hurricane FPSO Leaves Dubai After Upgrade, Shetlands First Oil Seen in H1
The Aoka Mizu floating production, storage and offloading (FPSO) vessel ordered by Hurricane Energy has left Dubai following a series of upgrades, the company said, another milestone for the group as it seeks to extract so-called fractured basement oil in Britain.Hurricane specializes in recovering oil from fractures in hard and brittle rock known as fractured basement reservoirs, which some see as a risky way to obtain crude.It expects first oil from its Greater Lancaster Area (GLA) project, west of Scotland's Shetland Islands, in the first half of 2019.
BorWin Gamma Platform Sails Away
The offshore converter platform, BorWin gamma, has now safely set sail from Dubai and begun its journey to its offshore site in the German part of the North Sea.Through the Gulf of Oman, the 18,000 ton ‘topside’ will pass into the Red Sea before going through the Suez Canal onto the Mediterranean and past Gibraltar. The journey then moves through the Bay of Biscay, to the English Channel and into the North Sea where it will be integrated with the ‘jacket’ nearly 130 kilometres off the German coast.Along with BorWin3…
DP World Gross Volume Up 4.8% for 1H 2018
Dubai-based port and terminal operator DP World said that its gross volumes rose 4.8 percent to USD 35.6 billion s for the six months to 30 June 2018, despite uncertainties in the container market. On a reported basis, revenue grew 14.4%.Revenue growth is supported by the volume growth across all three regions and the impact of new acquisitions including Drydocks World LLC (Drydocks), Dubai Maritime City (DMC) and Cosmos Agencia Marítima (CAM).Profit attributable to owners of…
Production Floaters Orders Are on the Rebound
Fifteen production floaters were contracted in 2017 – 11 FPSOs, two production semis, a wellhead TLP and an FLNG – and the number of deep water projects in the near-term planning queue indicates production floater orders are set to accelerate. This is a big change from 2016 when orders for new units totally dried up and the deepwater future looked pretty bleak. Here’s a round-up of contracts awarded last year and in January 2018. Tempera FPSO - Keppel in January 2017 received a contract from Dixstone Holdings…
Drydocks World Earns Dubai Chamber CSR Label
Drydocks World - a DP World company, the leading provider of maritime and offshore services to the shipping, oil, gas and energy sectors has received the Dubai Chamber Corporate Social Responsibility Label for the fourth year in a row in recognition of the company’s efforts and contributions to excellence in various areas of social responsibility. The Dubai Chamber Social Corporate Responsibility Label is designed to provide a diagnostic practice that enables the Chamber to scrutinize and examine the activities of companies both internally and externally.
DP World to Invest $1bn in Expansion
DP World is planning to annually inject up to $1 billion in global investments until 2020, local media quoted company chairman and CEO Sultan Ahmed Bin Sulayem as saying. The expansion at Prince Rupert in Canada opened for business. DP World Limassol in Cyprus opened a new cruise terminal. A series of acquisitions, technology tie-ups and sustainable business achievements all formed part of the activities that saw the global trade enabler expand its business horizons across the world.
Drydocks World Takes on FPSO Aoka Mizu Projects
Drydocks World, a marine, onshore and offshore service provider to the oil, gas and renewable energy sectors, has signed an agreement for two new projects with Bluewater Energy Services B.V. and end client Hurricane Energy plc. Building on Drydocks World’s track record of 32 conversions and six turrets, the yard will now undertake a repair, life extension and upgrade project on Floating Production Storage & Offloading (FPSO) vessel Aoka Mizu, which will be deployed in the Lancaster Field West of the Shetlands after completion.
ROG Ship Repair Completes FPSO Moonpool Project
Holland’s ROG Ship Repair said it has come to the aid of a Floating Production & Storage Offshore (FPSO) vessel ran into problematic weather conditions while being towed from Europe to the Middle East. Having recently been assigned a new contract, the 89,184 dwt, 248.1 m long FPSO Aoka Mizu (Japanese for Bluewater), owned and operated by Holland’s Bluewater Energy Services, will be utilized for the early production system (EPS) phase of the development on Hurricane’s offshore field in the North Sea.
DP World to buy Dubai Maritime City, Drydocks World
DP World said on Monday that it had entered into a deal to buy two other Dubai state-owned maritime companies for a total of $405 million. The Dubai-based ports operator will acquire Maritime World, the 100 percent owner of Dubai Maritime City, for a purchase consideration of $180 million, and 100 percent of Drydocks World by means of a capital injection of $225 million. Both deals are expected to close before the end of the first quarter of 2018, it said. Reporting By Tom Arnold
Faster Propeller Repairs in the Middle East
Aiming to provide faster repair service in the Middle East to ship operators whose vessels have sustained propeller damage, Stone Marine Shipcare has signed a Service Agency Agreement with Dubai Drydock World which sees one of the companies’ mobile workshops permanently based there. The workshop will be used, not just at Drydock Worlds’ own facilities, but can be quickly transported to other Middle Eastern shipyards, wherever a ship is in need of repair or maintenance to its propeller.
Thordon, DDW-D Partner for Shaft Line Conversions
Thordon Bearings and Drydocks World-Dubai (DDW-D) have signed an agreement under which the UAE-based shipyard will work together with Thordon Bearings Inc. to promote the conversion of ships’ oil lubricated propeller shafts to Thordon’s COMPAC open seawater lubricated bearing system. The agreement will create an action plan in which a specialist team, comprised of Drydocks World-Dubai and Thordon Bearings’ personnel, offer support to ship managers and owners looking to ensure…
Drydocks World Conforms to FPC under EU Regulation
Drydocks World, the international service provider to the shipping, offshore, oil, gas and energy sectors has successfully been certified to European Standards EN 1090 – 1 and EN 1090-2. The certification program is part of the European Union’s Construction Products Regulation CPR 305/2011. Drydocks World’s main yard activities undertaken in its facility are found to be complying with Factory Production Control (FPC) requirements by the auditing body. The scope of the certification includes Corrosion Protected Load Bearing Steel Structures…
DMCA Showcases Local Maritime Leadership
Dubai Maritime City Authority (DMCA) showcased Dubai's global maritime leadership in the presence of a high-level delegation from City of Glasgow College who commended the manner in which the outstanding experiences of the UAE maritime sector has transformed it into an internationally renowned maritime community. This was done during a visit by an academic delegation from the UK College to the DMCA head office in Dubai to promote collaboration in the vital fields of maritime training, research and studies.
New CEO at GulfNav Leads Expansion Plans
Dubai-based shipping company Gulf Navigation Holding PJSC (GulfNav) has announced in a press conference at Rose Rayhaan by Rotana April 19 its expansion plans to increase its assets under management and service-based revenue. The shipping company also revealed the appointment of Khamis Juma Buamim as the new Board Member, Managing Director and Group CEO by the Board of Directors during the event. Chairman Abdulla Saeed Abdulla Brook Al Hemeiri, and Khamis Juma Buamim along with other high-level executives…
GulfNav Unveils Expansion Plans
Gulf Navigation Holding PJSC (GulfNav), the Dubai-based shipping company, has announced in a press conference at Rose Rayhaan by Rotana today (Tuesday, April 19, 2016), its key expansion plans to increase its assets under management and service-based revenue. The shipping company also revealed the appointment of Mr. Khamis Juma Buamim as the new Board Member, Managing Director and Group CEO by the Board of Directors during the event. The move forms part of the company’s intensified strategy to become one of the main industry leaders in the regional maritime and shipping industries.
Drydocks World Earns Five Star Safety Grading
Drydocks World, an international service provider to the shipping, offshore, oil, gas and energy sectors, announced it has received a five star rating from the British Safety Council for the Occupational Health and Safety. The company underwent a detailed, quantified and objective audit conducted by the British Safety Council on occupational health, safety management systems and a number of key safety indicators. Drydocks World’s management continually focuses on principles that enhance operational excellence, sustainable development and creating a culture to increase the safety of employees.
Drydocks Completes Rig Diyina
Drydocks World, an international service provider to the shipping, offshore, oil, gas and energy sectors has completed the yard’s first Rig Integrity Assurance Program (RIAP) on rig Diyina for the National Drilling Company (NDC), and the first EPCC concept rig project the yard has undertaken. The completion of rig Diyina is a reflection of Drydocks World’s capabilities and dedication to addressing the refurbishment requirements of offshore drilling rigs, the yard said. Drydocks World has completed 17 projects for NDC, with rig Diyina being the first RIAP project. On rig Diyina 2,000 tons of steel, 17 kilometers of piping, 180 kilometers of cabling and approximately 90,000 square meters of painting work has been carried out.
Drydocks World World’s Largest Turret
Drydocks World marked a milestone in completing the world’s largest turret mooring system. At almost 100 meters high, weighing over 11,000 tons and with a diameter of 26 meters, the turret is designed to ensure the Prelude floating liquefied natural gas (FLNG) facility can operate safely in the most extreme weather conditions. This innovative FLNG storage and production facility will be stationed by Shell at its Prelude gas field off the northwest coast of Australia, unlocking new essential energy resources offshore to meet growing demand.
Record Number of Vessels Serviced at Drydocks World-Dubai
Drydocks World, a provider of maritime and offshore services to the shipping, oil, gas and energy sectors, informs it has serviced a record number of 40 vessels in its Dubai yard. With 40 vessels simultaneously in Drydocks World facilities—more than ever before in Drydocks World’s history—the 9,000+ workforce diligently worked across the yard to provide quality and efficient services to all types of vessels such as tankers, drilling rigs, bulk carriers, dredgers, gas carriers, containers and barges.