• 2012 April 24 13:56

    Oman Dry-Dock eyes annual revenues of $200m

    Oman Dry-Dock Company (ODC), which owns and manages the Sultanate’s newly operational ship repair yard at Duqm, is eyeing annual revenues of around $200 million by the year 2020, reports Oman Observer. The state-owned company’s Deputy CEO, Khalil Ahmed al Salmi, said the yard’s workforce is also projected to grow to around 4,000 employees, in line with ODC’s ambitions to emerge as a leading dry-dock in the region.
    Speaking on the opening day of the 3rd Oman Economic Forum at Al Bustan Palace — A Ritz Carlton Hotel yesterday, Al Salmi said the yard had made significant strides since it was soft-launched in April last year. 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 range has included LNG carriers, oil tankers, product tankers, bulk carriers and containerships, among others. A further two ships are currently under repair, while seven more are due for dry-docking in the coming weeks, taking the total to 85 ships on its order book to date.
    Al Salmi also underlined the important role of Daewoo Shipbuilding and Marine Services (DSME), one of the world’s largest shipbuilding companies, as ODC’s Strategic Partner in the development and operation of Oman’s first ship repair yard. ODC’s current 10-year strategic arrangement with DSME is extendable by another 10-year term, he said.
    Earlier, speaking at the same event, Yahya bin Said al Jabri, Chairman of the Duqm Special Economic Zone (SEZ) Authority, described the ship repair yard housed within a world-scale maritime port, as an ‘economic engine’ that will drive Duqm’s growth into an industrial hub.
    The yard’s two huge graving docks can accommodate the world’s largest vessels of up to 600,000 dwt. As many as 10 ships of different sizes can be repaired at once at the two docks, he said.
    It is envisaged that by the year 2020, ODC will evolve into an integrated ship repair facility with the engineering wherewithal to undertake repairs to a wide range of offshore structures and specialist vessels, including offshore rigs, derrick barges, dredgers, pipe-laying barges, and so on. With 2.8 kilometres of alongside berthing, the yard will be able to accommodate all sizes of vessels targeted for repair or conversion work.
    Additionally, the facility will also be equipped to undertake conversions of Very Large Crude Carriers (VLCCs) into Floating Storage and Offloading (FSO) vessels as well as Floating Production, Storage and Offloading (FPSO) vessels.
    ODC also aims to diversify its capabilities to include the fabrication of offshore structures such as jackets, top-side modules, sub-sea pipeline manifolds, offshore accommodation barges, and so on. Fabrication of steel structures, such as long-span steel bridges, high-rise building structures, and so on, is also part of ODC’s offerings in the long term.

2024 May 3

15:06 Astrakhan region ports’ cargo volume in Q1, 2024 soars 78%
14:32 Valenciaport participates in a European project to promote the use of renewable energy for self-consumption in the port
13:50 Seatrade reaches settlement with Dutch Public Prosecution Service
13:15 Dennis Tetzlaff appointed Chief Operating Officer Fleet at Stena Line
12:40 ONE releases financial result for FY2023
12:20 IMO biofouling project to address biodiversity threat extended
11:30 Corvus Energy to supply ESS for the first net zero subsea construction vessel
11:10 Damen launches fully electric RSD-E Tug 2513 for Port of Antwerp-Bruges
10:30 Port of Rotterdam reduces CO2 emissions by 10% in 2023
10:02 HD KSOE wins $286mn order for four MGCs
10:00 Russian seaports in Q1, 2024: Infographics and Analytics
09:00 HD Hyundai Heavy secures contract to build LNG carrier duo

2024 May 2

18:07 World’s most environmentally friendly tug fleet delivered to HaiSea Marine
17:38 SOHAR Port and Freezone sings agreement with METCORE for Mass Flow Meter Implementation
17:23 Unifeeder launches China Gulf Express
16:59 Allseas receives T&I contract for Gennaker offshore wind farm
16:30 CMA CGM’s newest container vessel visited the HHLA TK Estonia terminal
15:46 DP World introduces new rail route from China to Turkey
14:32 Hybrid technology to optimise energy use and cut emissions for Matson Navigation Company’s new LNG-powered container ships
13:54 Bureau Veritas awards AiP for TotalEnergies’ Skipe V2 tool
13:24 Hapag-Lloyd launches first dry container tracking product “Live Position”
12:58 Europe’s ports have €80 billion investment needs for the next 10 years
12:15 MABUX: Bunker Outlook, Week 18, 2024
11:42 APSEZ FY24 net profit jumps 50%
11:19 Tristar Eships to manage its carbon footprint with Wartsila’s Decarbonisation Services
10:48 Topsoe awarded contract to support FEED study for new low-carbon ammonia plant in Louisiana, US
09:26 Maersk posts Q1 2024 results

2024 May 1

17:13 Matson picks Kongsberg Maritime's hybrid technology for its new LNG-powered container ships
16:22 All American Marine delivers hydrofoil-assisted tour vessel to Phillips Glaciers
15:24 Corvus Energy to supply ESS for the first Net Zero Subsea Construction Vessel
14:02 Stena Line taps Dennis Tetzlaff as Chief Operating Officer Fleet
12:31 APSEZ secures AAA Rating – India’s first private infrastructure developer with AAA
11:57 Unifeeder continues its expansion in Latin America
10:09 IMO's Legal Committee finalizes new guidelines on seafarer criminalization

2024 April 30

16:14 LR grants AiP to H2SITE’s AMMONIA to H2POWER technology
15:17 IRS partners with MARIN to enhance technical expertise in shipbuilding
13:42 Allseas T&I contract for Gennaker offshore wind farm
12:03 CSSC and QatarEnergy sign agreement for construction of 18 Q-Max class LNG carriers
10:13 First ship departs Baltimore through limited access channel

2024 April 29

17:42 Abu Dhabi leaps a staggering 10 places in 2024 LMC Report
16:19 Norwegian engine builder Bergen Engines joins FME MarTrans initiative
15:13 Hitachi, Chantiers de l’Atlantique to seal French offshore substation contract
14:53 Port of Greenock given vote of confidence with new Türkiye container service
14:09 Aker Solutions ASA:announces first quarter results 2024
13:37 Gasum Group's Q1 sales volumes rose 73% due to higher natural gas volumes
12:14 New Zealand cruise market on track for recovery
11:40 Vitol announces satisfaction of a condition precedent relating to the golden power proceeding
10:41 JERA Energy India begins operations as JERA’s base of operations in the country

2024 April 28

15:13 IACS publishes new recommendation for conducting commissioning testing of BWMS
14:11 Skanska set for South Brooklyn Marine Terminal Buildout (SBMT)
12:27 Philly Shipyard and HD Hyundai Heavy Industries sign MoU
12:03 Equinor to commence second tranche of the 2024 share buy-back programme
10:16 Gebrüder Weiss enlarges logistics center in Budapest
09:37 Opening of MARIN's Seven Oceans Simulator centre (SOSc) in the Netherlands slated for May 2024

2024 April 27

16:36 National Transportation Safety Board: Undetected flooding from a through-hull pipe led to capsizing of dredging vessel
15:49 Chantiers de l’Atlantique picks Brunvoll propulsion for the world’s largest sailing ships
14:31 US Navy announces first MCM MP embarked on USS Canberra
13:42 Interim president Michelle Kruger takes helm at Austal USA
12:17 DEME annnounces start of share buyback program
10:28 Ships with Korean-made LNG containment face key supply chain disruptions

2024 April 26

18:04 Seaspan celebrates 30 years of ship repair in Victoria
17:31 HMM enhances maritime safety with AI technology
17:13 Potential Strait of Hormuz closure threatens 21% of global LNG supply - Drewry
16:42 Van Oord christens two new hybrid water injection dredgers and an unmanned survey vessel in Rotterdam
15:57 CMA CGM announces FAK rates from Asia to North Europe
15:24 MOL announced delivery of LPG dual-fuel LPG/ammonia carrier Aquamarine Progress II
14:53 DP World and Asian Terminals launch new Tanza Barge Terminal in Cavite
14:23 MH Simonsen orders eight hybrid methanol dual-fuel tankers at China’s Jiangxi New Jiangzhou Shipbuilding
13:47 DP World and Malaysia’s Sabah Ports form a partnership to manage Sapangar Bay Container Port
13:22 SCHOTTEL to equip Guangzhou Port Group’s latest e-tug with two RudderPropellers type SRP 360