Singapore, 23 April 2009 - Drydocks World, the global maritime arm of Dubai World, announced the delivery of OSA Goliath, one of the world's largest multi-purpose OCVs at its Drydocks World - Pertama yard today.

OSA Goliath is built for Coastline Maritime, a prominent Singapore-based group with a 30-year history of vessel ownership design, construction and operation. With a dimension of 180x32x12 metres and 22,000 dwt, the vessel is undoubtedly the world's largest vessel in its class built so far. It is equipped with DP-3 and a 2,000-tonne crane to install offshore platforms and pipelines in deep waters. In addition to OSA Goliath, Coastline has a similar vessel, Samson, currently under construction at the same shipyard, scheduled for delivery in the first quarter of 2010.

Mr. Terry Highlands, CEO of Coastline Maritime said, "Our ships, constructed at Drydocks World - Pertama yard, are the world's largest multi-purpose offshore construction vessels. The projects could not have been realized without the focus on high safety standards, technical expertise and teamwork evident at the yard."

Mr. Denis Welch, CEO of Drydocks World - Southeast Asia said, "OSA Goliath is a valuable testimony to our flexible, well-equipped ISO certified shipbuilding facilities at the Drydocks World - Pertama yard, which can only be achieved through adherence to the highest technical international standards and strong technical capabilities.  Going forward, we will continue to deliver high quality new building projects and meet our customers' expectations."       

Drydocks World - Southeast Asia, established in April 2008, is a member of the Drydocks World group of companies and sister operation to Drydocks World - Dubai (formerly known as Dubai Drydocks). The Drydocks World Group has an esteemed heritage of providing a full spectrum of integrated maritime solutions in strategic locations in the Middle East and Far East. Currently housing four of Asia's premier shipyards in one of the world's busiest seaways, Drydocks World - Southeast Asia specialises in rig and shipbuilding as well as ship repair and conversion, wholly supported by engineering and design capabilities.

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About Drydocks World
Drydocks World, a Dubai World company, is one of the most prominent names in the maritime industry. Over the past 25 years, Drydocks World has established itself as a leading, and fast growing international player in ship repair, shipbuilding, rig building, FPSO conversion, offshore fabrication and fleet operations with facilities in the Middle East and Southeast Asia.

Drydocks World - SE Asia, brings together established offshore rig construction, shipbuilding, conversion, and ship repair expertise located at crossroads of the world's busiest shipping lanes and close to major offshore oil & gas field developments. Marine activities are focused on 4 shipyards, namely, Drydocks World - Graha / Nanindah / Pertama / Singapore, which house 29 building berths, 8 floating docks, and a specialized rig building yard. Extension plans are in place to expand operations further on Batam Island with the construction of a new yard PT Batam Maritime Centre.

For more information, please contact:
Adeti Changulani
World View Communications, Dubai  World,
adeti.changulani@wvc.ae
+971 50 429 5576

© Press Release 2009