Dubai shipyard Grandweld has signed a contract with Stanford Marine to build two 42m GrandSuperior type crew boats, taking to 12 the number of vessels the two sister companies have built together. This project forms a key part of Stanford Marine’s ongoing fleet renewal program to meet strong demand for offshore support vessels serving the oil and gas sector in the Middle East, South East Asia and West Africa.
To date in 2021, Grandweld has secured shipbuilding contracts worth US $30 million. Managing director, Jamal Abki, says, “Although 2020 was difficult for the industry as a whole, we saw a surge in business. This has continued in 2021 and we now have a solid order book until the end of 2022.”
Headquartered in Dubai, Stanford Marine Group is comprised of Stanford Marine, which operates an extensive fleet of OSVs, and Grandweld Shipyards.