Dubai, July 8, 2008 (WAM) -- An ornamental frame containing a set of commemorative stamps issued to mark 25 years of maritime engineering excellence of Drydocks World, was recently presented to the Managing Director of Drydocks World, Mr. Nawal Saigal, by Mr. Faisal Al Nuaimi, Acting Assistant CEO, Development & Marketing, Emirates Post.
The stamps, in denominations of AED 1 and AED 4, were issued by Emirates Post in June, to commemorate the silver jubilee of Drydocks World. Dubai Drydocks was conceived and built as the worlds largest ship repair yard under the direction and guidance of H.H. Sheikh Rashid Bin Saeed Al Maktoum, the late Ruler of Dubai, and was inaugurated by H. E Queen Elizabeth II in 1979, before becoming fully operational in 1983. "Dubai Drydocks has played a pioneering role in the evolution of Dubai as the preferred maritime hub for vessels from around the world. More importantly, it has transformed itself into a modern and advanced ship repair facility," said Ibrahim Bin Karam, CEO of Emirates Post. "It richly deserves this philatelic tribute and we hope the stamps will perpetuate the unique achievements of Dubai Drydocks," he added. "Dubai Drydocks capitalized on its strategic location and has grown from strength to strength by completing some of the most challenging assignments over a quarter of a century of operations," said Mr. Nawal Saigal, Managing Director of Drydocks World. "Progressively graduating from ship repair to complex conversions and new building jobs it is now taking on the world by expanding at a phenomenal rate, as part of the Dubai World entity Drydocks World," he added. Drydocks World Dubai is located near the worlds major oil terminals and container ports in the Middle East and it is easy for vessels to dock in without accruing deviation costs. Nearly half of the oil tankers that traverse the area stop over at Drydocks World Dubai for regular repairs. Over the years, the yards prominence has grown among the shipping fraternity and this has helped acquire a client base that stretches to all parts of the world. Some of the yards recent key projects such as the construction of the worlds largest semi-submersible rig hull Aker Alpha and its twin the Beta for Norwegian company Aker Kvaerner, have been widely acclaimed for engineering excellence and the pioneering nature of integrated production techniques used. In addition it is also taking on complex projects such as the construction of complicated seismic vessels that are fitted with ultra-sensitive and precision-driven equipment and instruments.Copyright Emirates News Agency (WAM) 2008.
