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Oman Drydock shipyard achieves robust growth in repair business


Oman Drydock Company has worked on very large crude carriers (VLCCs), crude oil tankers, container ships, LNG and LPG carriers, chemical carriers, bulk carriers, as well as dredgers and barges. – Supplied photo

Muscat: Oman Drydock Company (ODC), one of the Middle East's newest and biggest shipyards, has announced its strongest year of trading.

The shipyard undertook 75 drydockings and repairs in 2013 taking the total number to 190 since the yard which was opened in Duqm in central Oman in 2011.

ODC also saw staff numbers increase to more than 2,000 in 2013. The vessels ODC has worked on include Very Large Crude Carriers (VLCCs), crude oil tankers, container ships, LNG and LPG carriers, chemical carriers, bulk carriers, as well as dredgers and barges.

Clients include Dynacom Ship Management, NYK, MSC and Exmar Ship Management, Gulf Marine, the Shipping Corporation of India and Pacific International Lines.

ODC marketing director Johnny Woo said key jobs undertaken included the drydocking and repairs of two crude oil tankers the Karachi, operated by Pakistan National Shipping and the D & K-1 operated by Synergy Maritime.

ODC further undertook work on the MT Gladiator, the first ship from Dynacom Ship Management. As a result ODC now has the ability to work for Dynacom on its other ships including the MT Shanghai, MT Smyrni, MT Eliza and MT Beijing.

Woo said the contracts undertaken showcased ODC's ability to complete complex jobs with speed and efficiency. He said the company is delighted with its 2013 growth and it had ambitious expansion plans for 2014, harnessing its ability to handle any size of ship with its two giant drydocks and vast space.

"In 2013 we saw ODC continue to establish itself as one of the main ship repair and conversion locations in the Middle East," he said. "Our focus moving forward will be to win more business from existing and new customers operating carriers, tankers and container ships. We see real potential for growth particularly in becoming a centre of excellence for the repair of LNG carriers.

Expansion plans
"Our expansion into LNGC will further be strengthened by our new licence to support the French engineering firm Gaztransport & Technigaz (GTT) which specialises in cargo containment systems for high-end liquefied natural gas (LNG) carriers. "

Elsewhere, Woo said ODC saw major growth opportunities in the off shore market."ODC can provide repair and conversion services to jack up drilling rigs, drill ships and FPSOs," he said.

"We also offer a range of engineering, testing and trial services for offshore projects including the construction of offshore accommodation barges, offshore jackets and platforms as well as top-side modules and sub-sea pipeline manifolds."

Woo said ODC's partnership with South Korean based DSME, one of the world's biggest shipbuilders, is especially important to the shipyard's ongoing success.

"Our partnership with DSME gives us tremendous experience and technical expertise as it provides 30 highly experienced senior managers, including our CEO Yong Duk Park, to help run the shipyard," he said.

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