Named Gulf Muttrah, the IMO II-N2 type 46,000dwt vessel is the 12th in GEM’s fast-growing fleet thus reaching 63% of all its newbuilding acquisitions. “With Gulf Muttrah’s delivery, another high quality vessel from HMD, we are achieving all the targets set for 2009,” said GEM ceo Ahmed Essa Hareb Al Falahi. “As the first of six new GEM vessels scheduled for delivery from HMD this year, we continue to be on the course of providing the market with safe, reliable and environment-conscious tonnage.” GEM also has on order two Aframax vessels from Samsung Heavy Industries with a capacity of 114,700 DWT each are of Large Range 2 (LR2) specification – capable of carrying both clean petroleum products and dirty products such as crude and fuel oil, and scheduled for delivery in 2011. After the delivery of Gulf Baynunah and Gulf Jumeirah in 2008, Gulf Muttrah is the third new IMO II N2 type 47,000dwt vessel for GEM.
Sunday, March 8, 2009
GEM takes delivery of first in series from Hyundai Mipo
Dubai: Product tanker operator Gulf Energy Maritime (GEM) has taken delivery of the first out of six new vessels scheduled for delivery this year from Korea's Hyundai Mipo Dockyard (HMD), one of the world’s largest ship builders.
Named Gulf Muttrah, the IMO II-N2 type 46,000dwt vessel is the 12th in GEM’s fast-growing fleet thus reaching 63% of all its newbuilding acquisitions. “With Gulf Muttrah’s delivery, another high quality vessel from HMD, we are achieving all the targets set for 2009,” said GEM ceo Ahmed Essa Hareb Al Falahi. “As the first of six new GEM vessels scheduled for delivery from HMD this year, we continue to be on the course of providing the market with safe, reliable and environment-conscious tonnage.” GEM also has on order two Aframax vessels from Samsung Heavy Industries with a capacity of 114,700 DWT each are of Large Range 2 (LR2) specification – capable of carrying both clean petroleum products and dirty products such as crude and fuel oil, and scheduled for delivery in 2011. After the delivery of Gulf Baynunah and Gulf Jumeirah in 2008, Gulf Muttrah is the third new IMO II N2 type 47,000dwt vessel for GEM.Read More
Named Gulf Muttrah, the IMO II-N2 type 46,000dwt vessel is the 12th in GEM’s fast-growing fleet thus reaching 63% of all its newbuilding acquisitions. “With Gulf Muttrah’s delivery, another high quality vessel from HMD, we are achieving all the targets set for 2009,” said GEM ceo Ahmed Essa Hareb Al Falahi. “As the first of six new GEM vessels scheduled for delivery from HMD this year, we continue to be on the course of providing the market with safe, reliable and environment-conscious tonnage.” GEM also has on order two Aframax vessels from Samsung Heavy Industries with a capacity of 114,700 DWT each are of Large Range 2 (LR2) specification – capable of carrying both clean petroleum products and dirty products such as crude and fuel oil, and scheduled for delivery in 2011. After the delivery of Gulf Baynunah and Gulf Jumeirah in 2008, Gulf Muttrah is the third new IMO II N2 type 47,000dwt vessel for GEM.
Pakistan to be made leading shipbuilding country in region: Jatoi
Concerted efforts would ensure that Pakistan becomes a leading shipbuilding country in the region in line with its potential and ideal location.
This was stated by the Federal Minister for Defence production, Abdul Qayyum Khan Jatoi. He was speaking as chief guest at the `Steel-cutting ceremony' of the fourth F22P Frigate at the Karachi Shipyard and Engineering Works (KWSB). The Minister congratulated those associated with the KSEW for the achievement of this important milestone and appreciated the naval architects, engineers and workers involved to accomplish the prestigious work. He hoped that with speedy pace of construction work, this vessel will join Pakistan navy much earlier that the scheduled time. Jatoi deeply appreciated the technical and material assistance support from our time-tested, reliable friend China and sit shipbuilding especially the China State Shipbuilding Corporation and China Shipbuilding Trading Company for the construction of the fourth F22P Frigate at KWSB. He said that the KWSB is a key organization for supporting Pakistan Navy Fleet in building Navy ships and essential repair works.Read More
This was stated by the Federal Minister for Defence production, Abdul Qayyum Khan Jatoi. He was speaking as chief guest at the `Steel-cutting ceremony' of the fourth F22P Frigate at the Karachi Shipyard and Engineering Works (KWSB). The Minister congratulated those associated with the KSEW for the achievement of this important milestone and appreciated the naval architects, engineers and workers involved to accomplish the prestigious work. He hoped that with speedy pace of construction work, this vessel will join Pakistan navy much earlier that the scheduled time. Jatoi deeply appreciated the technical and material assistance support from our time-tested, reliable friend China and sit shipbuilding especially the China State Shipbuilding Corporation and China Shipbuilding Trading Company for the construction of the fourth F22P Frigate at KWSB. He said that the KWSB is a key organization for supporting Pakistan Navy Fleet in building Navy ships and essential repair works.
Three consortia submit bids for Panama Canal locks
Following the Panama Canal Authority’s (ACP) announcement of the opening of the bid process for the construction of the new set of locks, it has received proposals from three consortia.
The consortia submitted their price and technical proposals. The envelopes containing the price proposals, including the ACP’s owner’s price, were signed by the Notary Public, the ACP Contracting Officer and the Canal’s Inspector General and were placed in a box and moved to Panama’s National Bank to be locked in an independent and secure environment. These price proposals together with the owner’s price will not be opened and reviewed until the technical proposals have been evaluated. Points for both aspects will be computed in a subsequent public forum. The technical proposals will be studied and evaluated immediately by the Evaluation Committee, comprised of 15 qualified ACP employees, with substantial and diverse technical experience. All Committee members have signed confidentiality and conflict of interest agreements. During the evaluation process, more than 40 local and international experts will be on hand to support the Committee that will work in coordination with the official ACP Contracting Officer. Deloitte will serve as auditor and will review the process and certify that the Committee follows the thorough procedure to evaluate the bids. Upon completion of the evaluation, the Contracting Officer will call for another public forum to examine the price proposed by each consortium to execute the project.Read More
The consortia submitted their price and technical proposals. The envelopes containing the price proposals, including the ACP’s owner’s price, were signed by the Notary Public, the ACP Contracting Officer and the Canal’s Inspector General and were placed in a box and moved to Panama’s National Bank to be locked in an independent and secure environment. These price proposals together with the owner’s price will not be opened and reviewed until the technical proposals have been evaluated. Points for both aspects will be computed in a subsequent public forum. The technical proposals will be studied and evaluated immediately by the Evaluation Committee, comprised of 15 qualified ACP employees, with substantial and diverse technical experience. All Committee members have signed confidentiality and conflict of interest agreements. During the evaluation process, more than 40 local and international experts will be on hand to support the Committee that will work in coordination with the official ACP Contracting Officer. Deloitte will serve as auditor and will review the process and certify that the Committee follows the thorough procedure to evaluate the bids. Upon completion of the evaluation, the Contracting Officer will call for another public forum to examine the price proposed by each consortium to execute the project.
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