• HSBC

Drydocks World showcases global expertise at leading Asian maritime show

  • United Arab Emirates: Monday, April 20 - 2009 at 11:19
  • PRESS RELEASE

Drydocks World, the global maritime arm of Dubai World, announced today their participation in Sea Asia 2009, the region's leading maritime show, scheduled to take place in Singapore from the 21st to the 23rd of April 2009.

Sea Asia 2009 will bring together top maritime professionals, which include Shipping CEOs and executives of over 350 international companies from 45 nations, showcasing the industry's latest technology, products and services.

Mr. Denis Welch, CEO of Drydocks World - Southeast Asia said, "Currently, Asian ship owners control more than 50% of the world's commercial fleet while shipbuilders in the region produce more than 85% of the entire new build globally. This shows that Asian companies are starting to play a significant role in the global maritime sector and Sea Asia 2009 provides a strong platform to deliberate on the region's future direction and policies. Drydocks World is pleased to be part of this growing Asian 'voice' in the global maritime industry."

"The exhibition also provides us with an opportunity to further strengthen our relationships with existing customers and suppliers, create new partnerships and highlight the comprehensive range of services that we provide," Welch added.

Mr. Denis Welch will be a guest speaker for the Shipbuilding and Ship Conversion session at the exhibition on the 22nd of April. In his dialogue, he will specifically address 'What differentiates one ship repair yard from another', and elaborate on the expertise, systems and procedures that differentiate Drydocks World from other ship repair yards in the region.

In addition, Drydocks World will be showcasing the successful launch of the third jack-up rig built at the Drydocks World - Graha yard, Hull No. L203 Naga 3 for UMW Standard Drilling.

Mr. Denis Welch said, "L203 Naga 3 is a new generation MSC CJ46 X100D Mobile Offshore Drilling Rig with specifications of 350ft Cantilever (possible to upgrade to 375ft), 30,000ft drilling depth, equipped for high pressure high temperature (HPHT) drilling environment, large VDL, bigger deck space with 70ft and 20ft X-Y cantilever (highest in industry) and installed with automated pipe racking system. Adherence to the highest technical international standards and strong technical capabilities enabled the successful completion and delivery of this project. Going forward, we remain confident of delivering high quality projects and meeting 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.

In addition, Drydocks World - Southeast Asia operates a fleet of 168 vessels comprising of tankers, bulk / cargo vessels, supply vessels, tugs, anchor handling tugs and barges. Available for charter worldwide, these vessels are principally engaged in serving the offshore oil and gas, marine construction, resources and general marine-related industries.
Third jack-up rig built at the Drydocks World - Graha yard, Hull No. L203 Naga 3 for UMW Standard Drilling.
Third jack-up rig built at the Drydocks World - Graha yard, Hull No. L203 Naga 3 for UMW Standard Drilling.
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Notes and Media Contacts »

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:
Media Department
Dubai World
PO Box 17000
Dubai, UAE
Tel: +971 4 8818808
Fax: +971 4 8817722

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