2013

Dubai, United Arab Emirates, December 24, 2013;

Grandweld Shipyards, the Middle East’s largest shipbuilder, has announced the signing of a contract worth over USD $40 million to build and deliver two Dive Maintenance Support Vessels for ADNOC. The contract was signed on December 19th, 2013. This order follows the successful delivery of DMSV “ARADAH”, a 55 metre Dive Maintenance Support Vessel delivered in 2012.

The 50 metre Dive Maintenance Support vessels will be utilized to serve dive and maintenance operations in Abu Dhabi offshore fields. In order to support offshore diving operation, the vessels will be equipped with self-contained integrated diving systems complete with decompression chambers. The new vessels, designed for 60 Tons Bollard pull using azimuthing stern thrusters, will be able to maintain position in rough sea conditions using dynamic position system (DP2) and 3 point mooring, for the first and second vessel respectively.

In addition, in order to support maintenance operations, the vessels will be equipped with anchor handling equipment and subsea lifting crane of 35 Ton @ 7.5m capacity for handling gravity Anchors, Mooring Buoys and SBM hoses.

Moreover, the vessels will equipped with external fire fighting capability to class 1. The vessels are expected to be delivered by fourth quarter of 2015.

Middle East Workboats (MEWB) took place in ADNEC, Abu Dhabi, from Sept. 30th – Oct 2nd 2013. Stanford Marine was not only an exhibitor but also the lanyard sponsor of this event. Organized by Seatrade this event occurs every alternating year, which leaves visitors and exhibitors very eager to to see the changes and improvements that happened to several companies from different geographical areas in these two years. It was a very successful exhibition that gave us a chance to network and reply to business queries with existing and potential clients.

Dubai, United Arab Emirates, December 4, 2013:

Grandweld Shipyards has completed the delivery of Bourbon Gannet, the third Hybrid Seismic Support Vessel in a series of six for Bourbon Offshore. The vessel was handed over in a delivery ceremony held on Saturday November 23, 2013 at Grandweld facilities at Dubai Maritime City.

The 54metre length, 50 Tons bollard pull vessel will be operated by CGG to assist in seismic operations such as chasing, towing, storage and transport of offshore supplies and crew. Bourbon Petrel and Bourbon Fulmar, sister vessels of Bourbon Gannet and previously delivered by Grandweld as part of the same newbuild contract with Bourbon, are fully operational and already in service and are operating in Europe.

Bourbon Gannet is equipped with a highly flexible hybrid propulsion system that allows operation under efficient propulsion configuration including diesel-mechanical, diesel-electric and hybrid mode resulting in significant fuel savings and reduction in CO2 and sulphur emissions.

Bourbon Gannet is fitted with two electric bow thrusters and two flap-type rudders to ensure highly responsive maneuverability. It also comes with a distance line winch, dip winch, moonpool, fuel hose storage reel, Yokohama fenders and workboat davit.

Jamal Abki, Grandweld General Manager,

Jamal Abki, Grandweld General Manager, said: “The highly innovative features of these vessels will set high market standards for efficiency and operational excellence. The delivery of these vessels marks yet another fruitful collaboration between Grandweld and Bourbon.”

Dubai, United Arab Emirates, June 23, 2013:

Dubai based Grandweld Shipyards, has secured a contract worth over US $21 million from the Mexico-based COTEMAR, to design and build four 42M Fast Aluminum Crew Boats. The contract was signed on June 4, 2013.

The world-class reputable design 42M crew boat will be fitted with EPA Tier 3 compliant main engines, and advanced navigation equipment to meet the client’s specific needs. The vessels are designed to reach speeds in excess of 26 knots. They benefit from luxury seating, accommodation for VIP guests, a larger deck space and enhanced comfort for the crew.

The vessels can seat 100 offshore personnel, and has a 100sqm loading area for over 90 tons of deck cargo. They can also carry a large amount of fuel and freshwater.

The vessels will be built at Grandweld’s yard in Dubai Maritime City, and will operate in the Gulf of Mexico. The vessels will comply with US Environmental Protection Agency requirements and US Coast Guards regulations. The first vessel will be delivered in May 2014, with the fourth and final vessel to be delivered in August 2014.

Grandweld’s new customer COTEMAR, S.A. de C.V. is a leading provider for services related to the development of the offshore oil and gas industry in the Gulf of Mexico.

Grandweld’s 42M class of vessels has been a huge success for its unrivalled design, and build quality, with over 30 vessels delivered or currently under construction for clients worldwide.

Dubai, United Arab Emirates, July 9, 2013: Grandweld Shipyards has been awarded a repeat order from Zamil Offshore, to build a new 33.5M fast aluminum crew boat. This will be Zamil’s fourth order to Grandweld Shipyards after the successful delivery of three sister vessels in 2012.

The new vessel will be based on Grandweld’s in –house superior design, and will be powered by 3 high speed diesel engines driving 3 fixed pitch propellers to produce speeds in excess of 25 knots. The 33.5M will be designed and built according to the classification rules and requirements of Bureau Veritas for Aluminum vessels. The vessel will be utilized to transport personnel and support offshore oil & gas operations. According to the contract, the vessel is scheduled for delivery in June 2014.

Stanford Marine were invited to become an international member of the British Safety Council. As a member we now have access to their online health, safety and environmental information resource, we also receive regular updates about changes and developments within the industry and any new legislation.

Continuing our CSR initiatives, we are pleased to inform you that we have became proud sponsors of the Angel Appeal after supporting them for a couple of years with their events and campaigns.

The Angel Appeal is a project by the Mission to Seafarers, the Mission to Seafarers is a British charity established 1856 and has been operating in the UAE since 1962. The Angel Appeal operates the ‘Flying Angel’ which is a ship that takes the seafarers center to the seafarers. In addition they manage to take care of many welfare cases of seafarers.

Stanford Marine’s vessel, Stanford Osprey, which was built in 2011 has been upgraded from a DP1 to a DP2 vessel.

Stanford Osprey has a maximum speed of 12.0kts and capacities of:

Fuel Oil : 458 cbm

Fresh Water : 196 cbm

Water Ballast/Drill Water : 369 cbm

Liquid Mud : 162 cbm

Bulk Cement: 187 cbm(3 x 1237 cuft)

Lub Oil : 5.3 cbm

Dispersant : 13.5 cbm

Foam : 13.5 cbm

Deck Cargo : 500 mt

Deck Area : 376 sqm

Deck Strength : 7t/sqm

Deadweight : 1350 mt

Freezer abt: 15 cbm

Cooler abt: 8 cbm

Stanford Hunter, 57M work/maintenance vessel with 50 men accommodation is the latest addition to the Stanford fleet. She was built at Grandweld Shipyards, upon delivery in May she entered into a 5 months contract in Abu Dhabi supporting a painting campaign in Zadco fields.

Stanford Marine once again sponsored the OSV Asia Conference in Singapore by IBC, that was held on April 9&10, 2013.

The 2 day conference covered a strategic discourse from vessel owners and builders, panel discussions between CEOs of different world wide companies on OSV asset types and technologies they are investing in, customer perspectives on how chartering needs are changing in addition to many more interesting and beneficial topics + forums.

Kelvin Lee, our Marketing Manager in Singapore, presented a successful presentation on ‘OSV for Asia’s Deepwater’. He also participated in a panel discussion with Capt. K.Devadas from The Shipping Corporation of India Ltd. and Lee Keng Lin from Posh Semco discussing Deepwater and Distant Fields Opportunities.