Renaissance unit wins GAC vessel contract
Abu Dhabi, February 6, 2012
Renaissance Services subsidiary Topaz Energy and Marine, a leading provider of offshore support vessels, has won a contract from top shipping group GAC to provide completion services for two crew/cargo vessels.
Topaz’s NicoCraft shipyard in Abu Dhabi was awarded the contract based on the shipyard’s capabilities and established track record, a statement said.
The construction and engineering works that will be undertaken by the Topaz Marine Engineering Division as part of the contract include structural works, outfitting and equipment installation.
Upon delivery, the vessels will be approximately 22 metres long, will carry 24 passengers and seven crew, as well as up to 15 tonnes of cargo.
Johan Fulke, managing director - Marine Services of GAC Marine said: “NicoCraft has all the specifications we were looking for in a GCC-based company; they are industry professionals who know how to deliver the right end-product on time and within budget. This contract marks the start of an exciting new relationship for both our companies.”
Thomas Bower, Managing Director of the Topaz Marine Engineering Division, commented, “Our first contract win with GAC is further recognition that our combined expertise in the construction and repair of aluminium and steel vessels are truly world class. The shipyard has successfully delivered over 20 vessels in the last 3 years, and has gained international recognition as an efficient and safety conscious operation.”
“This contract also reaffirms NicoCraft’s ability to grow and leverage its credentials beyond regional players, attracting global companies such as GAC to come and build at its shipyard. We look forward to a long-term, collaborative partnership between the two companies,” he added. – TradeArabia News Service
More Industry, Logistics & Shipping Stories
- A. Schulman announces changes in EMEA team
- Abraaj buys into Turkish dairy firm Yorsan
- Morocco revives plan to sell stake in port operator
- Sabic opens new $126m research facility
- UAE women entrepreneurs set for growth
- Major cruise liner docks at Abu Dhabi port
- MAG boosts Iraq shipping capacity by 60pc
- Sabic to distribute $2.4bn dividends in H2
- Pearl diving 'regains popularity' in Bahrain
- AerCap to buy AIG aircraft leasing unit for $5.4bn