Oman Drydock awarded GTT license

LNG carrier under repair at Oman Drydock LNG carrier under repair at Oman Drydock

JUNE 4, 2014 — Oman Drydock Company (ODC) says it has made a "giant leap" forward in its campaign to become one of the leading shipyards in the world for LNG repairs. It has now been awarded a Gaztransport & Technigaz (GTT) license and used a formal presentation at the Poisidonia trade show in Greece to draw attention to the achievement.

ODC chairman Dr. Abdulmalik Al Hinai was joined by GTT CEO Phillippe Berterottiere at the ODC stand to make the announcement.

Mr. Berterottiere said that ODC had put into place a solid quality system as a center for LNG expertise.

"Oman has an important LNG fleet and its geographical position thrusts it to the forefront of the international LNG market," he said. "It is close to shipping routes for the Gulf and Asia. GTT has been very impressed by ODC's commitment to standards right through its workforce, management and control systems. We also saw evidence of ODC's determination to continue to improve into the future, which is vital to us. The GTT technology is advanced and ODC had to reach a technically very high level to secure this license. We are delighted to make the award and look forward to working with the ODC team in the years ahead."

Dr Abdulmalik said ODC has worked enormously hard to earn the GTT license.

"We are deeply committed to providing the highest possible standards of repair work in the LNG sector," he said. "The GTT license will strengthen our offering for cargo containment systems for high-end LNG carriers. More widely the GTT license is proof of our intent and our seriousness to grow and diversify into the LNG market. Only last month we announced further strengthening of our LNG services with the launch of a new venture with our partner DSME. Woking with its subsidiary DSEC we have developed one of the most advanced LNG repair packages in the world. Our new LNG services will cover key areas such as the supply chain of various materials such as INVAR, insulation boxes, membranes, prefabricated panels and cryogenic safety valves. Meanwhile, we are also investing in new facilities including renovating our cryogenic shop so it can cater to repairing up to four LNGCs at any one time."

Operated and managed by Korea's Daewoo Shipbuilding and Marine Engineering Co. Ltd., is one of the newest and largest shipyards in the world. Owned by the Government of Oman, it is based in Duqm Oman's planned new ports and logistics mega city. Following a soft opening in 2011 the $1.5 billion shipyard has drydocked more than 230 vessels.

Dr Abdulmalik said the Greek shipping market is of vital importance to ODC.

"ODC has already delivered repairs for more than 50 Greek owned or operated ships," he said. "We have an important relationship with Dynacom Ship Management helping drydock a number of its vessels including VLCCs. We are further proud to repair the Astro Polaris owned by Maran Tankers which we delivered a day ahead of schedule.

"We have worked enormously hard to develop a robust track record working on a wide variety of ships from Very Large Crude Carriers (VLCCs) to container ships to LNG and LPG carriers to chemical carriers dredgers, RO-ROs and barges," he said. "We can now show the shipping industry we not only have world class facilities, which include our massive dry docks which can accommodate any size of vessel, but we have the experience too."