The large order demonstrates Grandweld’s position of leadership as a major crewboat builder, with Jana Marine a long term client of Grandweld.

Dubai, United Arab Emirates – 17th October 2022: Grandweld, a leading shipbuilder with 38 years track record of successfully delivering more than 150 vessels, has signed a landmark contract with Jana Marine Services Co LLC to build five 42m GrandExtreme crew boats. Delivery of the first vessel will be in 9 months.

This order brings the total number of vessels built by Grandweld for Jana Marine to twelve vessels, with Grandweld previously having built seven vessels for Jana Marine, including four crewboats, one work vessel and two harbour tugs.

Grandweld is part of Stanford Marine Group which is wholly owned by Thalassa Investments. Thalassa Investments is 46.7% owned by Goldilocks Investment Company Limited, an ADGM company owned by Eshraq Investments, a public company listed on Abu Dhabi Securities Exchange.

New design – GrandExtreme

This order is for Grandweld’s new ‘GrandExtreme’ design, a 42m crewboat series developed by Grandweld’s in-house engineering department. 

GrandExtreme design builds on its sister series, the GrandSuperior, by offering a wider, more spacious accommodation area, with an interior layout that can be customized to meet different charter requirements. 

The first vessel will be uniquely designed with a higher offshore personnel capacity of 135, will meet the International Maritime Dangerous Goods (IMDG) code for carrying dangerous goods and will have higher fuel capacity of 120cu.m. The other four vessels have a GrandMajlis lounge, office, large workshop, storeroom and offshore personnel seating. The vessels are in full compliance with the end customer’s latest requirements in Saudi Arabia.

Jamal Abki, General Manager of Grandweld Shipyards said “This large order ensures we have a solid shipbuildingorder book till the end of 2023. Customers only return when they see great value in the products, and we are very pleased to have achieved this again with Jana Marine. Grandweld has delivered the majority of crewboats to this region, with the key reason being that we build and design the best crewboats for the market.”

Mohammed Al Subaie, Managing Director of Jana Marine said “We have always been highly impressed with Grandweld’s ability to deliver quickly and on-time without compromising quality. Prompt delivery, an excellent design, competitive pricing, and our long relationship built on trust made Grandweld the clear choice. The GrandExtreme design will differentiate Jana’s crewboat fleet in the crewboat market, as it has proven capabilities, reliability, and quality we always see from Grandweld, with the addition of added comfort and space for personnel.”

About Grandweld Shipyards

Grandweld is a fully integrated shipyard providing shipbuilding, ship repair, and engineering solutions to serve the offshore and marine industry around the world. Established in 1984 and part of the Stanford Marine Group, Grandweld is one of the region’s most established and versatile shipyards, providing both quality and value. Grandweld Shipyards is established to handle shipbuilding, repair, refit and conversion for all types of marine vessels.

Jana Marine Services Company LLC. (JMS)

Jana Marine was established in April 2013 and is an exclusively owned subsidiary of Rashed Al-Rashed & Sons Group. It provides first-class marine offshore Services to the Oil & Gas sector in the Arabian Gulf region and beyond. Jana Marine specializes in delivering Client-specific solutions and services related to Offshore Construction & Maintenance Projects.