February 20th, 2013: DUBAI - UAE. Grandweld Shipyards, one of the region's most established and versatile shipbuilders, has announced the signing of a contract with Kuwait Oil Company to design and build a series of four Crane / Workboat class vessels. The contract is valued at a total of USD 50m over the duration of the build.
Grandweld's Crane/Work boats are designed and built in-house to meet the specific needs of KOC's requirements; these state of the art vessels are designed to undertake tasks such as lifting and moving heavy equipment, oil pollution control, SBM hose handling, FO/FW supply, and other related duties. Each vessel comes with a crane capable of lifting 20 tons at 10 meters radius.
Propulsion power is provided by 2 x 1432 bhp engines at 1000 rpm, generating 35 tons of bollard pull. Additionally, the vessels will be fitted with 2X Azimuthing stern propulsion system and bow thruster, to enhance the vessel's maneuverability.
Kuwait Oil Company (KOC) is a subsidiary of the Government-owned Kuwait Petroleum Corporation (KPC). In 2012, Dubai-based Grandweld Shipyards delivered two service boats to Kuwait Oil Tanker Company, another subsidiary of the Kuwait Petroleum Corporation. This new contract further cements the relationship between Grandweld and KPC's subsidiaries.
The contract signing ceremony was held at KOC headquarters in Kuwait. The first vessel will be delivered in May 2014, with the fourth and final vessel to be delivered in February, 2015.
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 30 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.
For media information contact:
Farah Hamid, Marketing Manager - Grandweld Shipyards
e-mail: farah.h@grandweld.com
Phone:+97144270800
© Press Release 2013
