Grandweld Delivers First of Three Fast Aluminum Crew Boats to Zamil Offshore

Dubai, United Arab Emirates, November 13, 2012: Grandweld Shipyards has announced the successful delivery of the new build "Zamil 101" the first of three fast aluminum crew boats to Zamil Offshore.

The vessel was part of a contract, which was signed in November 2011, to build and deliver three sister crew boats. The 33.5m fast crew boat is powered by 3 high speed diesel engines driving 3 fixed pitch propellers to produce a speed of 27 Knots. The vessel is designed and built according to the classification rules and requirements of Bureau Veritas for Aluminum vessels. The vessel will be utilized to transport offshore personnel and cargo, and will be operating offshore Saudi Arabia. The second vessel is scheduled for delivery in December 2012 and third vessel in January 2013.

In addition to the two 33.5m sister vessels to be delivered to Zamil offshore, Grandweld is expecting to deliver a series of diverse offshore vessels to major clients such as Kuwait Oil Tanker Company (KOTC), National Marine Dredging Company (NMDC), Bourbon, Fujairah National Group (FNG) among others. Vessels under construction include Seismic Support vessels, Anchor Handling Tug Supply Vessels with DP2 capability, Service Boats, Crew Boats and many more.

About Grandweld Shipyards
Based in Dubai, Grandweld is a leading and a fully integrated shipyard providing shipbuilding, ship repair and engineering solutions to meet the growing demand of the marine industry. Over 25 years, Grandweld name has been associated with quality, high-tech newbuilds, and timely service delivery.

Grandweld shipbuilding division specializes in the construction of all types of ships of both steel and aluminum. The company has built a diverse portfolio of offshore vessels including ASD tugs, Hybrid vessels, Dive Maintenance Support vessels, Multi Purpose Supply vessels, Fast Intervention Supply vessels (FISV), Anchor Handling Tug Supply vessels, Crew Boats, Pilot Boats and Security/Patrol Boats.

The ship repair division provides major repair, refit and conversion services of all types of marine vessels. With modern facilities and a large skilled workforce, the company is fully equipped to handle a broad range of vessel repairs and provide services to international clients with high customer satisfaction.

www.grandweld.com

For media information contact:
Farah Hamid, Marketing Manager - Grandweld Shipyards
e-mail: farah.h@grandweld.com
Mob: 0561743101
Phone: 044270800