Grandweld, a United ArabEmirates-based shipbuilding, shiprepair and conversion specialist, has secured a major contract worth US$128million for the construction of three new Salvage Tugs for Sogeport-GICEP ofAlgeria. Grandweld is a division of GMMOS Group, a leading provider of marineservices to the offshore oil & gas industry backed by Abraaj Capital and WahaCapital.
"This contract for three 58m Salvage Tugs is yet anotherachievement for Grandweld and has helped us maintain a strong and healthyorder book into 2012," says Mr. Jamal Abki, General Manager of Grandweld. Hefurther says: "international recognition, experience, quality of work andcommitment for on-time delivery at Grandweld are some of the strengths thathelped us win this contract."
Contracts have been signed with the ports of Algiers, Arzewand Skikda for the three vessels intended for sea search-and-rescueoperations in co-operation with the Algerian Coast Guard. The vessels willeach be delivered during the time frame between 26 to 31 months. Powered bytwo 4,000kw diesel engines to achieve bollard pull of 130t, these vesselswill be designed to meet unmanned machinery requirements with FIFI 2 and DPcapabilities as per the requirements of the owners.From its shipyard at Al Jadaf in Dubai, Grandweld has built astrong reputation for on-time delivery of high-quality offshore vesselswithin budget. Established in 1984, Grandweld has developed into one of theleading shipbuilders in the GCC region with a portfolio of both steel andaluminum vessels. Grandweld is dedicated to providing international standardsin shipbuilding that has gained international attention with a global clientbase spread.