Grandweld Shipyards launches first vessel for Kuwait Oil Company
Kuwait Oil Company (KOC) and UAE-based Grandweld Shipyard have launched the first crew boat as per an agreement signed last March to build six pilot boats and four crew boats for KOC.
The remaining nine boats will be delivered in June 2019.
The boat, specially designed to meet the requirements of KOC, has been launched prior to the deadline in accordance to Lloyd's Register’s classification rules in order to provide high operational efficiency and safety.
During the launching ceremony, Jamal Abki, general manager of Grandweld Shipyards said the vessel was being delivered two weeks ahead of schedule.
“We are now successfully launching the boat, assuring KOC and all our customers that we are committed to execute and deliver our projects as planned and in adherence to the delivery date without compromising the manufacturing quality and the welding power,” he said.
“Our facility has the largest covered shipbuilding area which ensures the power and durability of our vessels as they are protected from exposure to wind during manufacturing, which greatly affects the vessel’s strength and operational life,” he added.
“KOC’s decision to build 10 Pilot and Crew Boats came at the right time, as global markets are witnessing an improvement in oil prices, therefore our fleet expansion will help the company benefit from the next recovery in order to achieve revenues and cope with the increasing demand for energy,” added Sami Al-Sawagh, marine operations manager at KOC.
“This fleet expansion comes in line with the company’s strategic plans to produce 3.65 million barrels of oil per day by 2020,” he said. “We believe that it will add significant value to the strategic needs of the Kuwait Petroleum Corporation (KPC) plan to cover all maritime operations in Kuwait's oil ports and to ensure that necessary preparations occurred to fight marine oil pollution.”